Slide 1: Q3 2017 Presentation
Q3 2017 Presentation October 20, 2017
Slide 2: 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 3: 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 4: Financial performance
Financial performance January- January- July-September July-September September September Full year 2017 2016 2017 2016 2016 Sales, SEK million 183.3 164.6 539.5 512.5 758.8 Gross margin,% 30.8 20.3 25.1 25.1 29.5 Operating Profit, SEK million 15.5 -11.9 -5.9 -2.4 24.7 Operating margin, % 8.5 -7.2 -
Slide 5: Analysis of key ratio development Q3
Analysis of key ratio development Q3 • Sales SEK 183 (165) million – increase with 11 percent • Gross margin 31 (20) percent • Operating result SEK 16 (-12) million • Restructuring costs SEK 0 (-4) million • Free cash flow (excl. effects of divestment of Waste Treatment, 2016) SEK -11 (-23) million
Slide 6: Financial performance – Consultancy Services
Business Area Consultancy Services Fuel and Materials Technology Studsvik Scandpower Financial performance July- July- January- January- September September September September Full year 2017 2016 2017 2016 2016 Sales, SEK million 120.7 104.3 322.9 319.5 448.4 Operating Profit, SEK million 26.2 -5.6
Slide 7: Operational highlights – Consultancy Services
Business Area Consultancy Services Fuel and Materials Technology Studsvik Scandpower Operational highlights • Sales SEK 121 (104) million • Operating profit SEK 26 (-6) million • Restructuring costs SEK 0 (-4) million • YTD operating profit SEK 16 (6) million. Restructuring costs SEK -3 (-7) millon
Slide 8: 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 9: Financial performance – Fuel & Materials Technology
Business Area Consultancy Services Fuel and Materials Technology Studsvik Scandpower Financial performance July- July- January- January- September September September September Full year 2017 2016 2017 2016 2016 Sales, SEK million 36.0 36.6 140.6 134,2 196.3 Operating Profit, SEK million -3.6 0.6 7.
Slide 10: Operational highlights – Fuel & Materials Technology
Business Area Consultancy Services Fuel and Materials Technology Studsvik Scandpower Operational highlights • Sales SEK 36 (37) million • Operating profit SEK -4 (1) million • YTD operating profit SEK 7 (20) million • Incident in Hot cell facility in September reduced revenue with SEK 5 million • Ot
Slide 11: 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 12: Financial Performance – Studsvik Scandpower
Business Area Consultancy Services Fuel- and Materials Technology Studsvik Scandpower Financial Performance July- July- January- January- September September September September Full year 2017 2016 2017 2016 2016 Sales, SEK million 19.6 19.8 56.4 54.9 96.3 Operating Profit, SEK million -2.7 -2.9 -9.
Slide 13: Operational highlights – Studsvik Scandpower
Business Area Consultancy Services Fuel- and Materials Technology Studsvik Scandpower Operational highlights • Sales SEK 20 (20) million • Operating profit SEK -3 (-3) million • YTD operating profit SEK -10 (-11) million • Export approval for China being processed but uncertain when approval will be
Slide 14: 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 15: Well positioned with a more commercially focused organization
Well positioned with a more commercially focused organization FOCUS – Sales & Business Development Grow Fuel & Materials Technology Business • Areas • Improve Profitability & Grow Studsvik Scandpower • Grow Consultancy Services in Core Areas • Fuel Performance and Qualification Focus Areas • Reactor
Slide 16: Appendix
Appendix
Slide 17: Balance sheet
Balance sheet September September 2017 2016 December 2016 Assets Non-current assets 431.8 423.7 447.1 Current assets 419.3 579.5 453.9 Total assets 851.1 1,003.2 901.0 Equity and liabilities Equity 309.9 340.2 348.1 Non-controlling interest 0.3 0.4 0.4 Non-current liabilities 358.7 458.9 359.9 Curre
Slide 18: Q3 2017 Presentation
2017-10-20 Q3 2017 Presentation 18