Studsvik AB (publ) (SVIK) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

in areas like sales and business development, strategy, M&A, and obviously other functions like HR. We have also appointed a new person heading up our strategy M&A department called Jason Babich, who comes with a strong background both for European and American nuclear sector. He will be based in the U.S. and he also has a long history with the company Westinghouse. We see a continued high interest for the Stuttwik products and solution based on the more positive investment cycle. This means there is more incoming needs, incoming requests for both our existing services, but also additional new services. We have a very positive development in the quarter with the U.S. Nuclear Regulatory Commission, NRC, approved the Stuttwik's fuel optimization software to be used for applications for new modular reactors SMRs and this is just a proof of our strong technology there and also that we are relevant for the new developments and the new technologies developed in the SMR sector and we have a continuous strong operating margin development as I just highlighted so we are definitely reaching some key milestones here in quarter two. Let me then go through the different three business areas we have, and I'll start with decommissioning and radiation protection services, DRPS. It's a business area that serves mainly the German-Swiss market, but also some Nordic and some in the Benelux countries, for decommissioning and planned maintenance outages work. Here we have not lived up to the expectations of profitability, not in this quarter and not in the first half year. We have, however, seen a bit of improved business performance from the acquired company, Extreme Borrowed Sold, EBS, which is very positive. But here we are taking actions to improve profitability, review what our offer...