Slide 1: Q4 2017 Presentation
Q4 2017 Presentation February 15, 2018
Slide 2: Our Focus and Offerings
Our Focus and Offerings We develop, sell and deliver innovative technical solutions to create superior value by improving performance and reducing risk. Focus on products and services within: • Fuel and materials testing • Fuel and reactor management software • Life cycle management of nuclear and r
Slide 3: Financial performance
Financial performance October – December October – December Full year Full year 2017 2016 2017 2016 Sales, SEK million 165.4 246.3 704.8 758.8 Gross margin,% 18.4 36.9 23.5 29,5 Operating Profit, SEK million -35.7 27.0 -41.6 24.7 Operating margin, % -21.6 11.0 -5.9 3.2 Profit after net financial ite
Slide 4: Analysis of key ratio development Q4
Analysis of key ratio development Q4 • Sales SEK 165 (246) million – decrease with 33 percent • Gross margin 18 (37) percent • Operating result SEK -36 (27) million • Restructuring costs SEK 15 (8) million • Free cash flow SEK -31 (-22) million (2016 excl. divestment of Waste Treatment) • YTD operat
Slide 5: Key Offerings – Consultancy Services
Business Area Consultancy Services Fuel and Materials Technology Studsvik Scandpower K E Y O F F E R I N G S – C O N S U LTA N C Y S E R V I C E S We m a n a g e R a d i o a c t i v e H a z a r d s t o ke e p o u r c u s t o m e r s S a f e Repository Engineering Radioactive Waste Optimization – Wa
Slide 6: Financial performance
Business Area Consultancy Services Fuel and Materials Technology Studsvik Scandpower Financial performance October - October - December December Full year Full year 2017 2016 2017 2016 Sales, SEK million 84.4 128.9 407.3 448.4 Operating Profit, SEK million -13.3 7.9 2.9 14.0 Operating Profit margin,
Slide 7: Operational highlights
Business Area Consultancy Services Fuel and Materials Technology Studsvik Scandpower Operational highlights • Sales SEK 84 (129) million • Operating profit SEK -13 (8) million • Restructuring costs SEK 1 (6) million • YTD operating profit SEK 3 (14) million. • No FBSR license sale in Q4 vs SEK 23 mi
Slide 8: Key Offerings – Fuel & Materials Technology
Business Area Consultancy Services Fuel and Materials Technology Studsvik Scandpower K E Y O F F E R I N G S – F U E L & M AT E R I A L S T EC H N O LO GY Fuel & Materials Life Cycle Fuel Qualification Plant Life Hot Cell Management Technologies Final & Interim Transport of Engineering Storage Resea
Slide 9: Financial performance
Business Area Consultancy Services Fuel and Materials Technology Studsvik Scandpower Financial performance October – October – Full year Full year December 2017 December 2016 2017 2016 Sales, SEK million 54.4 65.9 195.0 196.3 Operating Profit, SEK million -1.7 10.2 5.3 29.7 Operating Profit margin,
Slide 10: Operational highlights
Business Area Consultancy Services Fuel and Materials Technology Studsvik Scandpower Operational highlights • Sales SEK 54 (66) million • Operating profit SEK -2 (10) million • Restructuring costs SEK 1 (1) million • YTD operating profit SEK 5 (30) million • Incident in Hot cell facility in Septembe
Slide 11: Key Offerings – Studsvik Scandpower
Business Area Consultancy Services Fuel- and Materials Technology Studsvik Scandpower K E Y O F F E R I N G S - S T U D SV I K S C A N D P O W E R Nuclear Analysis Software & Services Fuel Design, Core Design, Core Used Fuel Analysis & Monitoring & Plant Performance Management (Interim and Optimizat
Slide 12: Financial Performance
Business Area Consultancy Services Fuel- and Materials Technology Studsvik Scandpower Financial Performance October - October - December December Full year Full year 2017 2016 2017 2016 Sales, SEK million 24.6 42.4 81.0 96.4 Operating Profit, SEK million -2.0 13.6 -11.8 2.8 Operating Profit margin,
Slide 13: Operational highlights
Business Area Consultancy Services Fuel- and Materials Technology Studsvik Scandpower Operational highlights • Sales SEK 25 (42) million • Operating profit SEK -2 (14) million • Restructuring costs SEK 3 (0) million • YTD operating profit SEK -12 (3) million • Continued demand for Software and servi
Slide 14: Challenges & Opportunities Across the Globe
Challenges & Opportunities Across the Globe Mixed picture Europe Strong growth in Asia Cost focus in North America • Profitability issues • New reactors • Profitability issues • Cost reduction initiatives • China, Russia and Korea investing • Nuclear promise – reduce cost 30 % • Germany phasing out
Slide 15: Studsvik Customer Values
Studsvik Customer Values • Risk Mitigation - 70 years of EXPERIENCE in the global nuclear community • Safety and Efficiency - Helping our customers meet regulatory compliance while minimising cost • Commitment - Supporting our customers through long term relationships
Slide 16: Studsvik executive management team
Studsvik executive management team Camilla Hoflund CEO Pål Jarness CFO Joakim Lundström Stefan Bergström Steven Freel Business Area President Business Area President Business Area President Fuel & Materials Consultancy Services Studsvik Scandpower Technology 2018-01-01 Corporate Presentation 16
Slide 17: Appendix
Appendix
Slide 18: Balance sheet
Balance sheet December 2017 December 2016 Assets Non-current assets 456.6 447.1 Current assets 368.3 453.9 Total assets 824.9 901.0 Equity and liabilities Equity 288.1 348.1 Non-controlling interest 0.3 0.4 Non-current liabilities 364.7 359.9 Current liabilities 171.8 192.6 Total equity and liabilit
Slide 19: Year-end 2017 Presentation
2018-02-15 Year-end 2017 Presentation 19