Studsvik: Scarce assets, clearer direction - SEB
Bildkälla: Stockfoto

Studsvik: Scarce assets, clearer direction - SEB

While we expect solid underlying performance in Q3, the absence of positive one-offs and a higher cost base following the Kärnfull NEXT acquisition imply lower reported operating profit y/y. We continue to believe Studsvik offers scarce exposure to a structurally improving nuclear market and is showing signs of a durable turnaround under new management, improved financial discipline and a more ambitious growth agenda.

While we expect solid underlying performance in Q3, the absence of positive one-offs and a higher cost base following the Kärnfull NEXT acquisition imply lower reported operating profit y/y. We continue to believe Studsvik offers scarce exposure to a structurally improving nuclear market and is showing signs of a durable turnaround under new management, improved financial discipline and a more ambitious growth agenda.
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