* Operating profit in 2008 was SEK 12.7 million (62.1). Adjusted for non-recurring items, profit was SEK 25.3 million (49.3). * Continued stoppage at the Erwin facility and costs of discontinuing a project in the United Kingdom reduced earnings in the fourth quarter by SEK 28 million. * Good performance in other segments. * Operations at the Erwin facility will resume during the first quarter. * The Board of Directors proposes a dividend of SEK 1.00 per share. +-------------------------------------------------------+ | | Oct- | Oct- | Full | Full | | | Dec | Dec | Year | year | | | 2008 | 2007 | 2008 | 2007 | |-------------------+-------+-------+---------+---------| | Net sales, | 321.1 | 370.6 | 1,285.9 | 1,314.7 | | SEK million | | | | | |-------------------+-------+-------+---------+---------| | Operating profit, | -8.0 | 15.3 | 12.7 | 62.1 | | SEK million | | | | | |-------------------+-------+-------+---------+---------| | Profit after tax, | -7.3 | 13.0 | 1.1 | 47.2 | | SEK million | | | | | |-------------------+-------+-------+---------+---------| | Profit per share | -0.73 | 1.58 | -0.05 | 5.65 | | after tax, SEK | | | | | |-------------------+-------+-------+---------+---------| | Equity per share, | 74.32 | 69.58 | 74.32 | 69.58 | | SEK | | | | | |-------------------+-------+-------+---------+---------| | Equity-assets | 40.4 | 42.5 | 40.4 | 42.5 | | ratio, % | | | | | | | | | | | +-------------------------------------------------------+ The year-end report will be presented at a telephone conference call according to earlier distributed invitation at 3:30 PM today. Please read the full year-end 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's Year-End Report for January-December 2008
| Source: Studsvik AB