Studsvik’s Interim Report for January – September 2014


  ·
Sales in the quarter increased to SEK 225.1 (216.9) million. In local currencies
the decrease was 1.1 per cent.

  ·
Operating profit for the quarter was SEK 12.9 (5.7) million. Items affecting
comparability of SEK –7.5 (–4.0) million are included in earnings.

  ·
Cash flow after investments was SEK –42.9 (–47.3) million

+--------------------+-----+-----+-----+-----+--------------+
|                    |July |July |Jan  |Jan  |Full year 2013|
|                    |-Sept|-Sept|-Sept|-Sept|              |
|                    |2014 |2013 |2014 |2013 |              |
+--------------------+-----+-----+-----+-----+--------------+
|Sales, SEK million  |225.1|216.9|661.8|734.3|1,001.3       |
+--------------------+-----+-----+-----+-----+--------------+
|Operating profit,   |12.9 |5.7  |18.3 |26.1 |16.0          |
|SEK million         |     |     |     |     |              |
+--------------------+-----+-----+-----+-----+--------------+
|Profit after tax,   |3.6  |2.6  |–0.3 |4.7  |–22.9         |
|SEK million         |     |     |     |     |              |
+--------------------+-----+-----+-----+-----+--------------+
|Profit per share    |0.44 |0.06 |–0.03|0.58 |–2.78         |
|after tax, SEK      |     |     |     |     |              |
+--------------------+-----+-----+-----+-----+--------------+
|Cash flow after     |–42.9|–47.3|–87.9|–61.4|–44.7         |
|investments, SEK    |     |     |     |     |              |
|million*            |     |     |     |     |              |
+--------------------+-----+-----+-----+-----+--------------+
|Equity per share,   |34.41|56.60|34.41|56.60|34.83         |
|SEK*                |     |     |     |     |              |
+--------------------+-----+-----+-----+-----+--------------+
|Interest-bearing net|147.9|171.9|147.9|171.9|155.7         |
|debt,               |     |     |     |     |              |
|SEK million*        |     |     |     |     |              |
+--------------------+-----+-----+-----+-----+--------------+
|Net debt/equity     |52.3 |36.9 |52.3 |36.9 |54.4          |
|ratio, %            |     |     |     |     |              |
+--------------------+-----+-----+-----+-----+--------------+
|*Refers to total                                           |
|operations including                                       |
|the divested USA                                           |
|operations. There is                                       |
|a new organization                                         |
|from January 1,                                            |
|2014. The report                                           |
|presents operations                                        |
|in accordance with                                         |
|that. Unless                                               |
|otherwise stated the                                       |
|information in text                                        |
|and figures refers                                         |
|to operations                                              |
|excluding the USA                                          |
|operations sold at                                         |
|the beginning of the                                       |
|year.                                                      |
+--------------------+-----+-----+-----+-----+--------------+



The interim report will be presented at a telephone conference call according to
separate distributed invitation at 2:00 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, consultancy services
and fuel and materials technology. The company has over 65 years’ experience of
nuclear technology and radiological services. Studsvik has 900 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 October 21, 2014 at 1:00 PM CET.

www.studsvik.com

Attachments

Studsvik_Q3_14_eng_PR.pdf 10213242.pdf