OMXS PI
14.02.2013 13:34:00
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Studsvik AB: Studsvik’s Year-end Report for January – December 2012
Regulatory News:
(STO:SVIK)
-- Sales for the fourth quarter amounted to SEK 340.2 million (360.7) and in January-December to SEK 1,254.9 (1,200.7), which means a decrease of 4.4 per cent in local currencies during the quarter and an increase of 4.1 per cent for the full year.
-- The operating result for the fourth quarter amounted to SEK 21.2 million (52.6) and for January-December to SEK –19.4 million (53.6). The decrease in earnings is mainly attributable to the USA.
-- An agreement was signed for treatment of 10 heat exchangers from England in 2013 and 2014, valued at about SEK 150 million.
-- An agreement was signed on the sale of the French subsidiary Studsvik SAS.
-- Cash flow after investments for the fourth quarter amounted to SEK 24.1 million (45.6) and for the period January-December, to SEK –56.2 million (95.7).
-- The Board of Directors proposes that no dividend be distributed in 2013 (SEK 1.00).
-- Michael Mononen will take over as President on March 1.
Oct-Dec |
Oct-Dec |
Full year |
Full year |
|||||||||||||||
Sales, SEK million | 340.2 | 360.7 | 1,254.9 | 1,200.7 | ||||||||||||||
Operating profit, SEK million | 21.2 | 52.6 | –19.4 | 53.6 | ||||||||||||||
Profit after tax, SEK million | 12.5 | 37.7 | –47.8 | 22.7 | ||||||||||||||
Cash flow from operating activities, SEK million | 36.8 | 61.2 | –7.3 | 151.1 | ||||||||||||||
Cash flow after investments, SEK million | 24.1 | 45.6 | –56.2 | 95.7 | ||||||||||||||
Profit per share after tax, SEK | 1.51 | 4.59 | –5.82 | 2.77 | ||||||||||||||
Net debt, SEK million | 114.5 | 95.6 | 114.5 | 95.6 | ||||||||||||||
Equity per share,SEK | 58.19 | 66.77 | 58.19 | 66.77 | ||||||||||||||
Equity/assets ratio, % | 36.3 | 37.7 | 36.3 | 37.7 |
The year-end report will be presented at a telephone conference call according to earlier distributed invitation at 2:30 PM today.
Please read the full year-end report in the attached file.
http://mb.cision.com/Main/4019/9370599/92417.pdf
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 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 February 14, 2013 at 01:00 PM CET.
www.studsvik.com
This information was brought to you by Cision http://www.cisionwire.com
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