Studsvik

Strong earnings trend and positive cash flow

• Sales in the quarter amounted to SEK 227.0 (209.4) million. In local currencies this is an increase of 8.2 per cent. Sales are increasing in all business areas, with stand-out growth of 31.9 per cent in local currencies at Studsvik Scandpower. 
• Operating profit for the quarter increased to SEK 19.5 (12.0) million. In the same quarter last year there was a property sale amounting to SEK 2.3 million. The operating margin for the quarter was 8.6 (5.8) per cent.
• Free cash flow for the quarter was SEK 39.6 (-18.6) million. 
• Acquisition of BlackStarTech's product line from Constellation. BlackStarTech's products strengthen Studsvik in the area of advanced software applications while fitting into Studsvik's long-standing market positioning as an important partner for increasing the reliability of nuclear power plants.
• The Fuel, Materials and Waste Technology business area developed positively thanks to our streamlining efforts and further development of the organisation.
• We have signed an agreement on planning the management of radioactive waste from European Spallation Source ERIC, ESS in Sweden.

The Group in summary

The Interim Report will be presented at a telephone conference call according to separately distributed invitation at 10:00 (CEST) today.

Please find the full interim report in the attached file.

For further information, please contact:

Peter Teske, Chief Financial Officer, tel +46 (0)76 496 60 41

Facts about Studsvik

Studsvik offers a range of advanced technical services to the global nuclear power industry. Studsvik's business focus areas are fuel and materials technology, reactor analysis software, decontamination and radiation protection as well as technical platforms for handling, conditioning and volume reduction of radioactive waste. The company has more than 75 years' experience of nuclear technology and radiological services. Studsvik has approx. 540 employees in 7 countries and the company's shares are listed on Nasdaq Stockholm.

This information is information that Studsvik AB (publ.) is obliged to disclose pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was released for public disclosure, through the agency of the contact person above, on April 24, 2025, at 08:00 am (CEST).

www.studsvik.com