Studsvik’s interim report for January – June 2013


  · Sales for the second quarter amounted to SEK 319.2 million (330.3), in local
currencies, however, sales increased by 2.3 per cent.


  · The operating result for the second quarter increased to SEK 7.2 million
(–3.0).


  · Improved performance in Sweden, UK and USA.


  · The order for treatment of steam generators for Bruce Power in Canada,
signed in 2009, was annulled. The agreement had a positive effect on second
quarter earnings of SEK 11.2 million.


  · Cash flow after investments amounted to SEK 18.5 million (31.2).


+------------------------+----------+----------+--------+--------+---------+
|                        |April-June|April-June|Jan-June|Jan-June|Full year|
|                        |      2013|      2012|    2013|    2012|     2012|
+------------------------+----------+----------+--------+--------+---------+
|Sales, SEK million      |     319.2|     330.3|   616.9|   653.0|  1,254.9|
+------------------------+----------+----------+--------+--------+---------+
|Operating profit, SEK   |       7.2|      –3.0|     3.3|   –12.7|    –19.4|
|million                 |          |          |        |        |         |
+------------------------+----------+----------+--------+--------+---------+
|Profit after tax, SEK   |      –3.5|     –18.0|   –14.8|   –32.4|    –47.8|
|million                 |          |          |        |        |         |
+------------------------+----------+----------+--------+--------+---------+
|Cash flow from operating|      25.0|      40.0|    –2.7|    68.6|     –7.3|
|activities, SEK million |          |          |        |        |         |
+------------------------+----------+----------+--------+--------+---------+
|Cash flow after         |      18.5|      31.2|   –14.1|    42.9|    –56.2|
|investments, SEK million|          |          |        |        |         |
+------------------------+----------+----------+--------+--------+---------+
|Profit per share after  |     –0.43|     –2.19|   –1.81|   –3.94|    –5.82|
|tax, SEK                |          |          |        |        |         |
+------------------------+----------+----------+--------+--------+---------+
|Net debt, SEK million   |     135.3|      85.4|   135.3|    85.4|    114.5|
+------------------------+----------+----------+--------+--------+---------+
|Equity per share,SEK    |     56.84|     61.97|   56.84|   61.97|    58.19|
+------------------------+----------+----------+--------+--------+---------+
|Net debt/equity ratio, %|      28.9|      16.7|    28.9|    16.7|     23.9|
+------------------------+----------+----------+--------+--------+---------+


The interim report will be presented at a telephone conference call according to
earlier distributed invitation at 2:00 CET pm today.

Please read the full interim report in the attached file.


Facts about Studsvik
Studsvik offers a range of advanced technical services to the international
nuclear power industry in such areas as waste treatment, decommissioning,
engineering & services, and operating efficiency. The company has more than 60
years’ experience of nuclear technology and radiological services. Studsvik is a
leading supplier on a rapidly expanding market. The business is conducted
through five segments: Sweden, United Kingdom, Germany, USA and Global Services.
Studsvik has 1,100 employees in 7 countries and the company’s shares are listed
on the NASDAQ OMX Stockholm.

Studsvik is publishing this information pursuant to the Securities Market Act
and/or the Financial Instruments Trading Act. The Information was released for
public disclosure on July 19, 2013 at 08:00 am CET.

www.studsvik.com

Attachments

07188871.pdf Press_release_Studsvik_Q2_2013_eng.pdf