· Sales in the first quarter increased in local currencies by 7 per cent and amounted to SEK 152.9 (139.9) million.
· Operating profit for the quarter amounted to SEK 3.5 (-18.6) million.
· The free cash flow during the quarter was SEK 24.1 (-33.0) million.

Jan-March 2020 Jan-March 2019 Full year2019
Sales, SEK million 152.9 139.9 654.0
Operating profit, SEK million 3.5 -18.6 -10.4
Profit after tax, SEK million -0.5 -23.1 -28.0
Free cash flow, SEK million 24.1 -33.0 -38.8
Net debt, SEK million 56.0 76.9 82.9
Net debt/equity ratio, % 17.4 25.2 27.4
Profit per share after tax, SEK -0.06 -2.81 -3.41
Equity per share, SEK 39.25 37.05 36.84

The Interim Report for the first quarter will be presented at a telephone conference call according to separate distributed invitation at 1:00 PM CEST today.

Please read the full interim report in the attached file.

For further information, please contact:

Claes Engvall, CFO, +46 722 310 458

Facts about Studsvik

Studsvik offers a range of advanced technical services to the global nuclear power industry. Studsvik's business focus areas are fuel and materials technology, reactor analysis software and technical platforms for handling, conditioning and volume reduction of radioactive waste. The company has over 70 years nuclear technology and radiological service experience. Studsvik has 530 employees in 7 countries and the company's shares are listed on the Nasdaq Stockholm.

This information is information that Studsvik AB (publ) is obliged to disclose pursuant to the EU Market Abuse Regulation. The information was released for public disclosure, through the agency of the contact person above, on April 29, 2020, at 11:00 (CEST).

www.studsvik.com

https://news.cision.com/studsvik-ab/r/studsvik-s-interim-report-for-the-first-quarter-2020,c3100239

https://mb.cision.com/Main/4019/3100239/1238794.pdf

https://mb.cision.com/Public/4019/3100239/a52134d0563f65f9.pdf

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