Slide 1: Interim Report, Q3 2023
x INTERIM REPORT, Q3 2023 CEO Camilla Hoflund October 20, 2023
Slide 2: Studsvik in Brief
STUDSVIK IN BRIEF Who we are GLOBAL TRENDS THE COMPANY Drivers for nuclear energy Innovating Nuclear Sustainability • Climate change Global presence • Geopolitical situation Sales 815 MSEK • Energy need and shortage 520 employees • Swedish Government more Listed on Nasdaq Stockholm Small Cap positiv
Slide 3: Quarter in Brief
QUARTER IN BRIEF • A stable performance in the quarter • Good performance within business area Decommissioning and Radiation Protection Area. • Positive trend within business area Fuel and Materials Technology after re-planning of the production. • A strategic agreement was signed with GNS Gesellsch
Slide 4: Group Summary
GROUP SUMMARY Quarter 9 months Full year Q3-2023 Q3-2022 2023 2022 2022 Sales, SEK million 195.2 195.3 597.6 586.2 814.8 Operating profit, SEK million 22.9 26.1 44.8 41.3 74.9 Operating profit 11.7 13.4 7.5 7.0 9.2 margin, % Stable third quarter with a favorable outlook • The financials are slightly
Slide 5: Decommissioning and Radiation Protection Services
DECOMMISSIONING AND RADIATION PROTECTION SERVICES PROVIDING EXPERTISE & EXPERIENCE 2023-10-20 Studsvik Interim Report Q3 2023 5
Slide 6: Quarterly Overview
QUARTERLY OVERVIEW DECOMMISSIONING AND RADIATION PROTECTION SERVICES Quarter 9 months Full year Q3-2023 Q3-2022 2023 2022 2022 Sales, SEK million 86.1 72.7 263.1 222.2 292.7 Operating profit/loss, SEK 5.0 1.7 19.0 6.9 10.3 million Operating profit 5.9 2.3 7.2 3.1 3.5 margin, % Strong demand and main
Slide 7: Focus Areas
FOCUS AREAS • Be creative in employer branding to retain and attract qualified people in a market where demand for personnel is higher than the supply. • Expand and combine services within decommissioning and business area Waste Management Technology, such as the cooperation with Oskarshamn Nuclear
Slide 8: Fuel and Materials Technology
FUEL AND MATERIALS TECHNOLOGY THE INTERNATIONAL LABORATORY 2023-10-20 Studsvik Interim Report Q3 2023 8
Slide 9: Quarterly Overview
QUARTERLY OVERVIEW FUEL AND MATERIALS TECHNOLOGY Quarter 9 months Full year Q3-2023 Q3-2022 2023 2022 2022 Sales, SEK million 68.1 66.4 214.8 235.0 322.9 Operating profit, SEK 16.9 11.7 29.8 36.9 52.5 million Operating profit 24.9 17.6 13.9 15.7 16.3 margin, % Production adjustments due to delayed t
Slide 10: Focus Areas
FOCUS AREAS • Ensure that we deliver on the re-planned production schedule for the rest of the year. • Solve the transport issues with customer, carrier and authorities to obtain necessary licenses for shipment. • Be responsive to market changes including, e.g. within the Small Modular Reactors (SMR
Slide 11: Scandpower
SCANDPOWER WORLD LEADING SOFTWARE 2023-10-20 Studsvik Interim Report Q3 2023 11
Slide 12: Quarterly Overview
QUARTERLY OVERVIEW SCANDPOWER Quarter 9 months Full year Q3-2023 Q3-2022 2023 2022 2022 Sales, SEK million 32.0 39.9 99.7 93.1 135.3 Operating profit, SEK 0.1 10.6 7.0 7.8 17.0 million Operating profit 0.3 26.6 7.1 8.4 12.6 margin, % Well positioned on a global market • License sales are by their na
Slide 13: Focus Areas
FOCUS AREAS • In North America we see increased investments for life extensions and new higher-performance fuel, which gives new business opportunities for Scandpower. • Sales activities on markets where new nuclear is being built, where we now have a reference in the Middle East by ENEC/Nawah Barak
Slide 14: Waste Management Technology
WASTE MANAGEMENT TECHNOLOGY EFFICIENT WASTE HANDLING 2023-10-20 Studsvik Interim Report Q3 2023 14
Slide 15: Quarterly Overview
QUARTERLY OVERVIEW WASTE MANAGEMENT TECHNOLOGY Quarter 9 months Full year Q3-2023 Q3-2022 2023 2022 2022 Sales, SEK million 12.6 17.5 28.9 42.1 73.2 Operating profit, SEK 4.6 1.0 0.6 -5.5 5.7 million Operating profit 36.3 5.7 2.1 Neg. 7.8 margin, % Environmentally safe and efficient technologies • A
Slide 16: Focus Areas
FOCUS AREAS • The investment in a demonstration facility of inDRUM at the Studsvik site is planned to go operative in quarter 2 2024. This is an important milestone to prove to the market the efficient functionality of the treatment process. • We intend to cooperate with strategic partners on chosen
Slide 17: Small Modular Reactors (SMR:s)
SMALL MODULAR REACTORS (SMR:S) • Studsvik think more nuclear is needed as a part of the necessary climate change to fossil-free energy production and to meet the increased global demand for electricity. • We are therefore involved in investigating whether it would be suitably to establish SMRs on th
Slide 18: In Summary
IN SUMMARY • The Group delivered at a stable profit level this quarter, even if the performance within the Group varies. • Increased overall interest in nuclear both for lifetime extension and new build gives Studsvik a lot of new business opportunities. • Studsvik is involved in investigating wheth
Slide 19: Thanks for Listening!
x THANKS FOR LISTENING! 19