Slide 1: Interim report Q3, 2024
Interim report Q3, 2024 CEO Karl Thedéen CFO Peter Teske October 23, 2024
Slide 2: Studsvik in brief
Studsvik in brief Global trends The company Drivers for nuclear energy Innovating Nuclear Sustainability ▪ Climate change ▪ Global presence ▪ Geopolitical situation ▪ Sales 826 MSEK ▪ Energy need and shortage ▪ 530 employees ▪ Globally more positive attitude towards ▪ Listed on Nasdaq Stockholm nucl
Slide 3: Group finance summary: A challenging quarter for the Group
Group finance summary A challenging quarter for the Group ▪ The financial fraud uncovered in the USA during August had a Quarter 9 months Jan-dec negative impact on the Group’s Q3 2024 Q3 2023 2024 2023 2023 earnings in the quarter of SEK - 10.1 million. Sales, SEK million 200.8 195.2 645.8 597.6 82
Slide 4: Group finance summary: Lower free cashflow
Group finance summary Lower free cashflow ▪ Higher investment levels, for example the demonstration facility for inDRUM technology. ▪ Acquisition of Extrem Borr och Sågteknik SP AB. ▪ Lower operation profit. ▪ Continued focus on the cash management within The Group. Studsvik Interim Report Q3 2024 2
Slide 5: Decommissioning and radiation protection services
Decommissioning and radiation protection services Providing expertise & experience Studsvik Interim Report Q3 2024 2024-10-23 5
Slide 6: Quarterly overview: Building for future demand
Quarterly overview Building for future demand ▪ Higher sales and margins ▪ More decommissioning projects ▪ Increase in collectively agreed pay rates (Germany) Decommissioning and Quarter 9 months Jan-dec radiation protection services Q3 2024 Q3 2023 2024 2023 2023 ▪ The acquisition of Extrem Borr Sa
Slide 7: Fuel and materials technology
Fuel and materials technology The international laboratory Studsvik Interim Report Q3 2024 2024-10-23 7
Slide 8: Quarterly overview: Challenging quarter
Quarterly overview Challenging quarter ▪ Higer sales compared to last year. ▪ Negative impact of the Fuel and Materials Quarter 9 months Jan-dec earnings during the quarter Technology Q3 2024 Q3 2023 2024 2023 2023 due to technical production Sales, SEK million 60.6 68.1 240.9 214.8 310.1 disruption
Slide 9: Scandpower
Scandpower World leading software Studsvik Interim Report Q3 2024 2024-10-23 9
Slide 10: Quarterly overview: Well positioned on a global market
Quarterly overview Well positioned on a global market ▪ Higer sales and better margin. Scandpower Quarter 9 months Jan-dec ▪ The fraud that was uncovered Q3 2024 Q3 2023 2024 2023 2023 in August impacts the earnings Sales, SEK million 44.3 32.0 118.3 99.7 152.1 by SEK -10.1 million. Operating profit
Slide 11: Focus areas
Focus areas ▪ During the quarter Scandpower signed an agreement in the US market for the delivery of software. ▪ The US market remains strong and have a powerful expansion of new nuclear power plants is planned alongside extension of the service life of nuclear power plants that are in operation. ▪
Slide 12: Waste management technology
Waste management technology Efficient waste handling Studsvik Interim Report Q3 2024 2024-10-23 12
Slide 13: Quarterly overview: Environmentally safe and efficient technologies
Quarterly overview Environmentally safe and efficient technologies Quarter 9 months ▪ There are still delays for Jan-dec Waste management technology Q3 2024 Q3 2023 2024 2023 2023 engineering services supporting license business. Sales, SEK million 7.8 12.6 23.8 28.9 40.1 ▪ The demonstration facilit
Slide 14: Focus areas
Focus areas ▪ The inDRUM (Reduce volume of Waste and make waste disposal) demonstration facility began operating during the quarter and we are conducting an intensive program of customer visits. ▪ The technology is demonstrating the expected results, and we are giving our customers the opportunity t
Slide 15: CEO's comments
CEO´s comments ▪ Very happy to join Studsvik at this time ▪ Many opportunities for growth ▪ A fantastic market position with high competence and a highly recognized brand ▪ Focus areas ▪ Profitability for Business Area FMT ▪ Streamline and improve efficiency ▪ Identify and invest in organic growth o
Slide 16: Thanks for listening!
istening Thanks for li DS > 2) TC = _ N