Slide 1: Interim report Q1, 2024
Interim report Q1, 2024 CEO Camilla Hoflund CFO Niklas Karlsson April 25, 2024
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 826 MSEK • Energy need and shortage • 530 employees • Globally more positive attitude towards • Listed on Nasdaq Sto
Slide 3: CEO´s comments
CEO´s comments • Strategic partnership agreement for collaboration on nuclear energy between UK and Sweden in October 2023. • Studsvik has an initial role in the supplier network for companies that want to be part of the significant expansion of nuclear energy in Sweden. • In addition to Studsvik’s
Slide 4: Group summary: A good start to 2024
Group summary A good start to 2024 • The sales, operating profit Q1 Jan-dec and margins are slightly 2024 2023 2023 improved compared to last year. Sales, SEK million 209.4 188.8 826.0 • Scandpower signed a long- Operating profit, term agreement with a US 12.0 9.9 73.4 SEK million energy company. Op
Slide 5: Decommissioning and radiation protection services
Decommissioning and radiation protection services Providing expertise & experience 2024-04- 25
Slide 6: Quarterly overview: Building for future demand
Quarterly overview Building for future demand • Onboarding personnel to fulfill project deliveries later Decommissioning and Q1 Jan-dec radiation protection services in the year. 2024 2023 2023 Sales, SEK million 81.1 82.6 336.7 • Less outage work than Q1 Operating profit, 2023 – the last nuclear 2.
Slide 7: Focus areas
Focus areas • Onboarding more staff to grow the decommissioning area within Germany, Switzerland and other countries. • Expand and combine Studsvik services within decommissioning and waste management and cooperation with external partners. • Expand our customer base in Germany, Switzerland, Belgium
Slide 8: Fuel and materials technology
Fuel and materials technology The international laboratory
Slide 9: Quarterly overview: Production adjustments giving result
Quarterly overview Production adjustments giving result • Good progress in the Fuel and Materials Q1 Jan-dec customers projects. Technology 2024 2023 2023 Sales, SEK million 89.2 74.2 310.1 • High output in the nuclear facilities. Operating profit, 15.3 10.1 44.3 SEK million Operating profit 17.2 13
Slide 10: Focus areas
Focus areas • Transport solutions within Europe to bring valuable fuel and materials for examinations in our hot cell laboratories. These are also valuable for our international program’s Studsvik Cladding Integrity Project (SCIP) and Studsvik Material Integrity Life Extension (SMILE). • Responsive
Slide 11: Scandpower
Scandpower World leading software
Slide 12: Quarterly overview: Well positioned on a global market
Quarterly overview Well positioned on a global market • More license sales and Q1 Jan-dec software maintenance. Scandpower 2024 2023 2023 Sales, SEK million 34.6 26.5 152.1 • At the same time, more Operating profit, research and development 0.9 0.0 25.7 costs. SEK million Operating profit 2.6 0.0 16
Slide 13: Focus areas
Focus areas • The agreement with a major US Energy company is an example of our strong position on the US market for Studsvik´s core monitoring application GARDEL. • Capitalize on our software, which is installed in 50 per cent of the world’s light water reactors, such as sales and market efforts in
Slide 14: Waste management technology
Waste management technology Efficient waste handling
Slide 15: Quarterly overview: Environmentally safe and efficient technologies
Quarterly overview Environmentally safe and efficient technologies • Customer delays Q1 Jan-dec postponing engineering Waste management technology services. 2024 2023 2023 Sales, SEK million 8.0 8.0 40.1 • Progressing the installation Operating profit, of an inDRUM -2.3 -2.6 0.6 demonstration facili
Slide 16: Focus areas
Focus areas • InDRUM – a cost-effective solution to a customer problem with a technology to optimise the radioactive waste. Studsvik is investing in a demonstration facility, which is scheduled to be operational around the middle of 2024 on the Studsvik site. • Marketing inDRUM to customers in nucle
Slide 17: Possibilities for new nuclear at the Studsvik site
Possibilities for new nuclear at the Studsvik site • The initiatives for new nuclear energy on Studsvik’s site are progressing (conventional reactors and/or SMRs). There are still open aspects regarding the conditions at the site and also in respect of the political position for financing. • Apart f
Slide 18: In summary
In summary • Studsvik is taking several important steps to expand the business in a world increasingly positive towards nuclear energy – meaning increased customer demand. • International collaborations on nuclear energy present significant business opportunities for Studsvik. • Studsvik is position
Slide 19: Thanks for listening!
Thanks for listening!