Studsvik's Interim Report Jan-June 2008

Studsvik AB +-------------------------------------------------------------------------+ | |April-June|April-June|Jan-June|Jan-June|Full year| | | 2008| 2007| 2008| 2007| 2007| |-----------------------+----------+----------+--------+--------+---------| |Net sales, SEK million | 370.6| 345.8| 690.6| 619.0| 1,314.7| | | | | | | | |-----------------------+----------+----------+--------+--------+---------| |Operating profit, SEK | 32.1| 15.8| 25.1| 38.0| 62.1| |million | | | | | | | | | | | | | |-----------------------+----------+----------+--------+--------+---------| |Profit after tax, SEK | 19.1| 7.4| 12.1| 29.6| 47.2| |million | | | | | | | | | | | | | |-----------------------+----------+----------+--------+--------+---------| |Profit per share after | 1.97| 0.90| 0.99| 3.60| 5.65| |tax, SEK | | | | | | | | | | | | | |-----------------------+----------+----------+--------+--------+---------| |Equity per share, SEK | 65.97| 69.71| 65.97| 69.71| 69.58| | | | | | | | |-----------------------+----------+----------+--------+--------+---------| |Equity-assets ratio, % | 42.7| 41.2| 42.7| 41.2| 42.5| | | | | | | | +-------------------------------------------------------------------------+

* High organic growth, 10 per cent in the second quarter, 14 per cent in the first half year. * Operating profit for the second quarter amounted to SEK 32.1 million (15.8). Adjusted for non-recurring items, profit improved by SEK 5.8 million or 22 per cent. * Barnwell, which was the repository for medium-level waste in the USA, closed at the end of June. Capacity utilization and profitability at the treatment facility in Erwin were positively affected before the closure. * Studsvik's market initiative of offering waste treatment at Erwin and then storage of the residual products in Texas as an alternative to deposition at Barnwell met with a positive response. Contract negotiations and licensing processes are under way. For further information please contact: Magnus Groth, President and CEO, cell phone +46 709 67 70 86 between 2:00 PM and 3:00 PM, CET.



LINK: http://hugin.info/131689/R/1237614/264505.pdf

Studsvik AB

http://www.studsvik.se/

ISIN: SE0000653230

Stock Identifier: XOME.SVIK