Studsvik AB (publ) (SVIK) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to the Q1 Earnings Call from StudFisk Group. I'm Carl Thedin, President and CEO, and with me I have Peter Teske, CFO, who will join me in the presentation a bit later. So let's start with a recap on who we are. These are the sales numbers from 2024. And you can also see that we are a truly global company with setups almost all over the world or in the East and in the US and obviously in Europe. We have customers in Japan, large activities in Korea, obviously in the European Nordics, Germany, France, UK, Switzerland. And then obviously a big activity in all our business areas in the US and in Canada. So a truly global company that is serving an expanding nuclear market. then let's go into the the q1 results and we are very proud today of presenting a strong earnings trend and a very positive cash flow we are uh for the third quarter in a row growing uh reaching 227 million sec in in earnings for for this quarter but maybe more importantly we are also growing our profits significantly up to 19.5 or eight compared to 5.8% the same period last year. It's always good to compare with the same period last year, but also if you compare it to the previous quarters that we're coming from in the end of 2024, this is a significant change in trajectory for our business and we're very proud of that. All three business areas are growing and the most solid growth are coming from our scan power where we deliver core optimization software programs throughout the world, including services and consulting service with that. We also have a very strong positive cash flow this quarter of 39.6 million. This is the result of a strong invoicing in Q4 and Q1, but also that we have The programs we run in Q4 of increased cost control and further development of the organiz...