Studsvik's Year-end Report for January - December 2010
(Thomson Reuters ONE) -
· Sales for the fourth quarter increased by 8 per cent to SEK 374.9
million.
· Adjusted for items affecting comparability, the operating profit for
the fourth quarter increased by SEK 8.2 million compared with the previous year.
· Strong fourth quarter in the USA, but continued losses in the United
Kingdom.
· Cash flow from operating activities increased by SEK 9.1 million to
SEK 27.4 million in the fourth quarter and by SEK 86.1 million to
SEK 107.5 million for the full year.
· Net debt decreased during the year by SEK 87 million to SEK 208.5
million.
· The Board of Directors proposes that no dividend be distributed.
+------------------------------------------+-------+-------+---------+---------+
| |Oct-Dec|Oct-Dec|Full year|Full Year|
| | 2010| 2009| 2010| 2009|
+------------------------------------------+-------+-------+---------+---------+
|Sales, | 374.9| 348.5| 1,344.1| 1,216.3|
|SEK million | | | | |
+------------------------------------------+-------+-------+---------+---------+
|Operating profit, | 33.7| 38.1| 33.4| -30.0|
|SEK million | | | | |
+------------------------------------------+-------+-------+---------+---------+
|Profit after tax, | 25.2| 27.8| 4.0| -35.2|
|SEK million | | | | |
+------------------------------------------+-------+-------+---------+---------+
|Cash flow from operating activities, SEK | 27.4| 18.3| 107.5| 21.4|
|million | | | | |
+------------------------------------------+-------+-------+---------+---------+
|Cash flow after investments, SEK million | 6.0| 17.5| 66.0| -68.9|
+------------------------------------------+-------+-------+---------+---------+
|Profit per share | 3.08| 3.39| 0.49| -4.28|
|after tax, SEK | | | | |
+------------------------------------------+-------+-------+---------+---------+
|Equity per share, | 63.37| 65.82| 63.37| 65.82|
|SEK | | | | |
+------------------------------------------+-------+-------+---------+---------+
|Equity/assets | 36.5| 37.2| 36.5| 37.2|
|ratio, % | | | | |
| | | | | |
+------------------------------------------+-------+-------+---------+---------+
The interim report will be presented at a telephone conference call according to
earlier distributed invitation at 3:00 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, 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 1,200 employees in
8 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 10, 2011 at 01:00 PM CET.
www.studsvik.com
Press release as PDF:
http://hugin.info/131689/R/1487693/423167.pdf
Studsvik's Year-end Report for January-December 2010:
http://hugin.info/131689/R/1487693/423170.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Studsvik AB via Thomson Reuters ONE
[HUG#1487693]
Unternehmensinformation / Kurzprofil:
Datum: 10.02.2011 - 13:03 Uhr
Sprache: Deutsch
News-ID 51328
Anzahl Zeichen: 5168
contact information:
Town:
Nyköping
Kategorie:
Business News
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"Studsvik's Year-end Report for January - December 2010"
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