Studsvik AB (Nasdaq Stockholm: SVIK)

Quick Facts / Company Snapshot

• Company Name: Studsvik AB (publ)
• Stock Exchange: Nasdaq Stockholm
• Ticker Symbol: SVIK
• Headquarters: Nyköping, Sweden
• CEO: Karl Thedéen
• CFO: Peter Teske
• Chairman of the Board: Jan Bardell
• Founded: Over 75 years ago (marking the start of the Swedish nuclear energy program)
• Total Revenue (2024): SEK 893.1 million
• Operating Profit (2024): SEK 26.8 million
• Adjusted Operating Profit (2024): SEK 45.7 million
• Operating Margin (2024): 3.0%
• Adjusted Operating Margin (2024): 5.1%
• Average Number of Employees (2024): 549
• Equity/Assets Ratio: 37.8%
• Net Debt/Equity Ratio: 32.8%
• Earnings Per Share (2024): SEK 1.17
• Proposed Dividend (2024): SEK 2.0 per share
• Global Presence: Operations in 7 countries including Sweden, Germany, USA, UK, Switzerland, Japan, and China
• Core Mission: Innovating Nuclear Sustainability

Company Overview

Studsvik AB is a well-established and renowned provider of advanced technical services and solutions to the global nuclear power industry. With a legacy spanning more than 75 years, the company stands as a unique, independent partner dedicated to enhancing safety and efficiency within the nuclear sector. Its operations are critical not only for the future development of nuclear power but also for the continued operation and life extension of existing reactors worldwide.

The company’s overarching mission is “Innovating Nuclear Sustainability.” This strategic focus is driven by the recognition that nuclear power is a vital component of the global transition toward fossil-free energy production. Studsvik positions itself as an enabler of this green transition, providing the expertise and technology necessary to ensure that nuclear processes—from new construction to final disposal—are conducted safely, economically, and sustainably.

Studsvik offers solutions that reduce both risks and costs for nuclear facilities and for the management of radioactive waste material.

The operational scope of Studsvik is comprehensive, covering the entire lifecycle of nuclear facilities. This includes services for new build projects, ongoing reactor operations, decommissioning of shut-down plants, and the final disposal of nuclear materials. The customer base is diverse, comprising nuclear power plants, fuel vendors, research centers, public agencies, authorities, and other nuclear facilities. In addition to the energy sector, Studsvik is also engaged as an expert in other radiological areas, including the production of medical isotopes for healthcare applications.

The company leverages 75 years of experience to solve complex problems, employing approximately 540 people across seven countries.

Innovation, reliability, and leadership are the cornerstones of Studsvik’s business philosophy. The organization is undergoing a digital transformation to streamline activities and save resources, thereby creating more room for value-generating efforts. By combining deep industry expertise with unique facilities and extensive external networks, Studsvik creates customized, flexible solutions that meet the specific needs of its clients.

Business Segments

Studsvik operates through four primary business areas, each targeting specific needs within the nuclear lifecycle. These segments are Decommissioning and Radiation Protection Services, Fuel and Materials Technology, Scandpower, and Waste Management Technology.

Decommissioning and Radiation Protection Services

This segment is the largest contributor to Studsvik’s revenue stream. It provides a broad range of services essential for the maintenance and dismantling of nuclear facilities.

• Revenue (2024): SEK 373.3 million
• Share of Total Revenue: 42%
• Operating Profit (2024): SEK 19.6 million
• Operating Margin: 5.3%

The business area focuses on radiation protection, decommissioning, dismantling, decontamination, and engineering services.

The operational scope covers the entire decommissioning process. This ranges from initial feasibility studies, planning, and project management to the practical execution of radiological assessment, dismantling work, radiological clearance of materials, and waste documentation. The segment serves customers primarily in Germany, but also has a significant presence in Switzerland, Sweden, Belgium, and the Netherlands.

A key strategic focus for this segment is expanding its position in decommissioning, with particular emphasis on radiological clearance and measurement technology. The segment actively collaborates with internal units, such as Waste Management Technology, to perform on-site free-release measurements using proprietary equipment. It also partners with selected external organizations to manage complex decommissioning projects, combining expertise and capacity to benefit customers.

Fuel and Materials Technology

This segment serves as a critical research and testing hub for the global nuclear industry. It leverages Studsvik’s unique facilities in Sweden to perform advanced testing and analysis.

• Revenue (2024): SEK 327.1 million
• Share of Total Revenue: 37%
• Operating Profit (2024): SEK 8.1 million
• Operating Margin: 2.5%

This business area offers services in nuclear fuel qualification, material analysis, research on final disposal, and the packaging of medical isotopes.

Operations involve testing nuclear fuels and the metallic materials that constitute a nuclear reactor. The segment performs calculations and simulations of the extreme conditions these materials endure during operation, including high pressures, temperatures, and irradiation. This work contributes to more economic operations and heightened safety within the industry.

The segment is deeply involved in life extension programs for existing reactors and the development of new reactor types, such as Small Modular Reactors (SMRs). It also plays a role in the healthcare sector through the production and packaging of medical isotopes. Despite production challenges in the second and third quarters of 2024, the segment ended the year with strong order intake and production planning.

Scandpower

Scandpower is a world leader in software solutions for fuel optimization and reactor analysis. It is known for its high-margin, intellectual property-driven business model.

• Revenue (2024): SEK 179.9 million
• Share of Total Revenue: 20%
• Operating Profit (2024): SEK 30.6 million
• Operating Margin: 17.0%

Scandpower offers software and engineering services to support nuclear power plants, fuel manufacturers, and authorities.

The core offering includes software for nuclear fuel management and nuclear engineering analyses. This software is used to manage and monitor the nuclear fuel cycle in more than 150 light water reactors globally. The tools utilize the laws of physics to model real geometry while requiring simplified input data, which reduces the potential for human error and improves engineering performance.

Development primarily takes place in the USA, with sales offices in Europe, the USA, Japan, and China. The segment is actively preparing for the future of nuclear energy by developing tools for next-generation reactors, including SMRs and Advanced Reactors. This includes the development of new software products like the Peacock 3-D Continuous Energy Monte-Carlo software.

Waste Management Technology

This segment focuses on innovative technical solutions for the treatment and volume reduction of radioactive waste.

• Revenue (2024): SEK 32.3 million
• Share of Total Revenue: 4%
• Operating Profit (2024): SEK -5.8 million
• Operating Margin: Negative

The segment offers licensing of technical solutions to stabilize and reduce the volume of radioactive waste before intermediate and final disposal.

The offering includes advanced engineering services and technologies that optimize customers’ radiological programs. Key technologies facilitate the treatment of problematic wastes, such as ion exchange resins and mixed organic wastes. The segment’s strategy involves licensing these technical solutions along with related engineering services to customers in Europe, North America, and Asia, enabling clients to run facilities themselves.

A significant development in 2024 was the commissioning of a demonstration facility for the patented inDRUM technology. This facility has generated substantial interest by proving the technology’s ability to handle difficult-to-landfill waste with minimal manual handling.

History and Evolution

Studsvik’s history is intrinsically linked to the development of nuclear energy in Sweden. The founding of the company more than 75 years ago marked the beginning of the Swedish nuclear energy program. Since its inception, Studsvik has been synonymous with innovation and forward-thinking in the radiological sciences.

For over 75 years, Studsvik has created value for the entire nuclear power lifecycle, from new construction to final disposal.

Throughout its history, the company has evolved from a national research center into a global commercial entity. It has consistently adapted to the changing needs of the energy sector, expanding its capabilities in materials testing, software development, and waste management.

In recent years, the company has navigated a changing perception of nuclear power, which is now widely viewed as essential for a sustainable climate transition. This shift has driven Studsvik to reinforce its role as an industry expert and research hub.

Key evolutionary milestones in 2024 included the acquisition of Extrem Borr och Sågteknik SP AB (EBS) and the launch of the inDRUM demonstration facility.

The acquisition of EBS in June 2024 strengthened the company’s capacity in high-tech segmentation and dismantling, broadening the service offering in the Decommissioning and Radiation Protection Services business area. Simultaneously, the operational launch of the inDRUM test facility marked a significant step in the commercialization of its waste management technologies.

Products and Services

Studsvik’s portfolio is diverse, catering to highly specialized technical needs across the nuclear industry.

Software Solutions (Scandpower)

• CMS5: A part of the core monitoring software suite, contracts for which were signed in the US market in 2024.
• GARDEL: Advanced software for core monitoring and fuel management.
• Peacock: A 3-D Continuous Energy Monte-Carlo software product developed under the NQA-1 quality assurance program. It reached its Minimum Viable Product (MVP) milestone in 2024, enabling engineering tools for operational new reactor designs.
• Fuel Management Codes: In-core fuel management codes used for reactor analysis and optimization.
• Services: Software maintenance, support, training, and consultancy services related to the software suite.

Waste Management Technologies

• inDRUM: A globally patented technology designed to treat problematic wastes such as ion exchange resins, mixed organic wastes, cellulose nitrates, bitumen, and liquids. It offers volume reduction and waste stabilization with minimal manual handling.
• Waste Treatment Licensing: Licensing of technical solutions to customers for stabilizing and reducing waste volume before disposal.
• Engineering Services: Specialist services to optimize waste management planning for new builds, operations, and decommissioning.

Fuel and Materials Services

• Material Testing: Testing of nuclear fuels and metallic materials under simulated reactor conditions (high pressure, temperature, hydrochemical conditions, and irradiation).
• Life Extension Programs: Research and testing to support the prolonged operation of existing nuclear power plants.
• SMR Support: Advanced test and research projects supporting the development of Small Modular Reactors.
• Medical Isotopes: Production and packaging of isotopes for medical and industrial applications.
• Consultancy: Advanced consulting services regarding fuel and materials.

Decommissioning Services

• Decommissioning & Dismantling: Practical work on radiological assessment, dismantling, and segmentation of nuclear facilities.
• Radiation Protection: Services providing practical solutions for working with radiation, including specialized training.
• Decontamination: Processes to remove radioactive contamination from materials and equipment.
• Radiological Clearance: Measurement and documentation services to clear materials for free release.
• Engineering: Feasibility studies, planning, and project management for decommissioning projects.

Brand Portfolio

Studsvik manages a portfolio of brands that represent specific areas of expertise within the group.

Studsvik

• Revenue Contribution: The primary brand under which the majority of services, particularly in Fuel and Materials Technology and Decommissioning, are marketed.
• Profile: Represents the overarching identity of innovation, safety, and 75 years of nuclear experience. It is the face of the company’s consulting, testing, and radiation protection services globally.

Scandpower

• Revenue (2024): SEK 179.9 million (approx. 20% of Group Revenue)
• Profile: A world-leading independent supplier of software for nuclear fuel management. The brand is synonymous with physics-based, user-friendly software tools like CMS5 and GARDEL. It holds a strong position in the design of new reactors and SMRs.

EBS (Extrem Borr och Sågteknik SP AB)

• Revenue Contribution: Contributed SEK 18.4 million since acquisition in July 2024.
• Profile: A well-established high-tech segmentation company in the Swedish nuclear industry. The brand is specialized in complex cutting, sawing, drilling, crushing, and compacting processes in highly sensitive environments.

BlackStarTech

• Context: Asset acquisition completed in the USA in early 2024.
• Profile: Offers resilient solutions for targeted power, lighting, and communications. Studsvik cooperates with BlackStarTech for IIoT (Industrial Internet of Things) equipment to monitor software for critical backup power applications.

inDRUM

• Profile: The brand name for Studsvik’s patented waste treatment technology. It represents a sustainable solution for hazardous and radioactive waste management, focusing on volume reduction and safety.

Geographical Presence

Studsvik is a global player with a footprint that spans major nuclear markets.

Germany

• Revenue (2024): SEK 306.0 million
• Share of Total Revenue: 34.3%
• Profile: The largest market by revenue. Operations are heavily focused on Decommissioning and Radiation Protection Services, serving nuclear power plants, research centers, and other facilities.

Sweden

• Revenue (2024): SEK 200.3 million
• Share of Total Revenue: 22.4%
• Profile: The home market and hub for Fuel and Materials Technology. The Nyköping site houses unique testing facilities and the corporate headquarters. It is also the base for the newly acquired EBS operations.

Rest of Europe

• Revenue (2024): SEK 172.0 million
• Share of Total Revenue: 19.3%
• Profile: Includes operations in Switzerland, the United Kingdom, Belgium, and the Netherlands. Services provided include decommissioning support, engineering, and software sales.

North America

• Revenue (2024): SEK 146.4 million
• Share of Total Revenue: 16.4%
• Profile: A key market for Scandpower’s software solutions and Waste Management Technology licensing. The region is seeing growth due to investments in new reactors and modernization.

Asia

• Revenue (2024): SEK 67.5 million
• Share of Total Revenue: 7.6%
• Profile: Represents a market for software licenses, waste management technology, and materials testing services. Sales are conducted from offices in Japan and China.

Other Countries

• Revenue (2024): SEK 0.9 million
• Share of Total Revenue: 0.1%

Financial Performance Analysis

In 2024, Studsvik demonstrated growth in sales, driven by strong demand in key segments, although profitability was impacted by specific items affecting comparability.

• Sales Growth: Net sales increased by 8.4% in local currencies compared to 2023.
• Profitability: The operating profit for 2024 was SEK 26.8 million, down from SEK 73.4 million in 2023. However, the adjusted operating profit stood at SEK 45.7 million.
• Items Affecting Comparability: Earnings were negatively impacted by SEK 18.9 million due to costs associated with an efficiency program and inventory write-downs.
• Margins: The operating margin was 3.0% (down from 8.9% in 2023). The adjusted operating margin was 5.1%.

The return on capital employed was 6.5%, compared to 14.4% in the previous year.

Multi-Year Trend Analysis (Sales)

• 2020: SEK 721.9 million
• 2021: SEK 798.3 million
• 2022: SEK 814.8 million
• 2023: SEK 826.0 million
• 2024: SEK 893.1 million

This five-year trend indicates a consistent upward trajectory in revenue, reflecting the growing demand for nuclear services and the company’s ability to capture market share.

Profit and Loss Analysis

The following table summarizes the key components of Studsvik’s income statement for the financial year 2024.

Item	Amount (SEK Million)
Net Sales	893.1
Cost of Services Sold	-694.7
Gross Profit	198.4
Selling and Marketing Costs	-58.1
Administrative Expenses	-96.9
Research and Development Costs	-14.0
Other Operating Income	14.1
Other Operating Expenses	-16.5
Operating Profit	26.8
Financial Income	9.8
Financial Expenses	-19.6
Profit After Financial Items	17.0
Income Tax	-7.4
Net Profit for the Year	9.6

Key Ratios:

• Operating Margin: 3.0%
• Profit Margin: 1.9%
• Earnings Per Share: SEK 1.17

Personnel costs constitute the largest single cost item, accounting for approximately 66% of the Group’s total costs.

Balance Sheet Analysis

Studsvik’s financial position remains solid, with an equity/assets ratio close to its long-term target.

Item	Amount (SEK Million)
Non-Current Assets	722.9
Intangible Assets	249.0
Property, Plant, Equipment	286.5
Other Non-Current Assets	187.4
Current Assets	342.7
Trade Receivables	181.2
Cash and Cash Equivalents	56.3
Other Current Assets	105.2
Total Assets	1,065.6
Equity	403.0
Long-Term Liabilities	254.3
Liabilities to Credit Institutions	65.7
Provisions	128.7
Other Long-Term Liabilities	59.9
Current Liabilities	408.3
Liabilities to Credit Institutions	122.7
Trade Payables	34.8
Other Current Liabilities	250.8
Total Equity and Liabilities	1,065.6

Liquidity and Debt:

• Net Debt: SEK 132.2 million (compared to SEK -31.0 million in 2023).
• Equity-Assets Ratio: 37.8% (Target: at least 40%).
• Net Debt-Equity Ratio: 32.8% (increased due to investments and acquisitions).

Cash Flow Analysis

The cash flow for the year reflects increased investment activity and strategic acquisitions.

Item	Amount (SEK Million)
Cash Flow from Operating Activities	21.7
Operating Profit	26.8
Adjustments for Non-Cash Items	40.5
Changes in Working Capital	-10.3
Cash Flow from Investing Activities	-99.8
Acquisition of Operations	-37.3
Investments in Property/Plant/Equipment	-67.1
Free Cash Flow	-78.1
Cash Flow from Financing Activities	32.1
Dividend Paid	-16.4
New Loans	65.0
Amortization of Loans	-34.9
Cash Flow for the Year	-46.0

Free cash flow was negative at SEK -78.1 million, primarily due to higher levels of investment and the acquisition of EBS.

Board of Directors and Leadership Team

Board of Directors

• Jan Bardell (Chairman): Elected in 2022, Chairman since 2023. Extensive experience as President of various Vattenfall companies, One Nordic AB, and Climeon AB. Chairman of InfraNord AB.
• Anna Karinen (Vice Chair): Member since 2003. Self-employed in commercial real estate management. Represents the Karinen family (largest shareholder).
• Jan Barchan: Member since 2004. President of Briban Invest AB. Represents Briban Invest AB (major shareholder).
• Erik Strömqvist: Member since 2021. Former General Manager at GE Healthcare. Chairman of MedTrace Pharma A/S.
• Agneta Nestenborg: Member since 2010. Member of the board of Öresundskraft AB. Chair of the Audit Committee.
• Per Ekberg: Employee representative (Unionen). Works in the materials research department.
• Jitka Zakova: Employee representative (Swedish Association of Graduate Engineers). Works at Studsvik Nuclear AB.

Executive Group Management

• Karl Thedéen (President and CEO): Took office on October 16, 2024. Also acting Business Area President for Fuel and Materials Technology. Background in IT security, media technology, and telecoms.
• Peter Teske (CFO): Appointed in April 2024.
• Florian Buehler: Business Area President, Decommissioning and Radiation Protection Services. Employed since 2019.
• Art Wharton: Business Area President, Scandpower. Employed since 2017.
• Mikael Karlsson: Business Area President, Waste Management Technology. Employed since 1989.

Subsidiaries, Associates, Joint Ventures

Studsvik operates through a network of wholly-owned subsidiaries and one joint venture.

Top Subsidiaries (by Strategic Importance)

1. Studsvik Nuclear AB (Sweden): The core operating entity for Fuel and Materials Technology.
2. Studsvik Germany GmbH (Germany): A major entity delivering decommissioning and radiation protection services in the German market.
3. Studsvik Scandpower, Inc. (USA): The primary entity for the software business, responsible for development and US sales.
4. Extrem Borr och Sågteknik SP AB (Sweden): The newly acquired subsidiary specializing in high-tech segmentation.
5. Studsvik Scandpower AB (Sweden): Supports software operations in Europe.
6. Studsvik Waste Management Technology AB (Sweden): Holds patents and technology for waste treatment.
7. Studsvik Ltd (United Kingdom): Serves the UK nuclear market.
8. Studsvik Japan Ltd (Japan): Manages sales and operations in the Japanese market.

Joint Venture

• KOBELCO STUDSVIK Co., Ltd (Japan):
  • Ownership: 49%
  • Activity: Focuses on the design of facilities for the treatment of Japanese radioactive waste.
  • Contribution: The Group’s share of profit in 2024 was SEK -0.2 million.

Physical Properties

Studsvik’s physical footprint is anchored by its main facility in Sweden, complemented by international offices.

• Studsvik Tech Park (Nyköping, Sweden): The company’s headquarters and primary research hub. It houses unique laboratories for materials testing, the new inDRUM demonstration facility, and offices for Group management.
• Norderstedt & Mannheim (Germany): Offices supporting the Decommissioning and Radiation Protection Services business area.
• Wilmington & Alpharetta (USA): Offices for Scandpower and Studsvik, Inc., supporting the North American market.
• Preston (United Kingdom): Office serving the UK nuclear sector.
• Osaka (Japan): Office for Studsvik Japan Ltd.
• Beijing (China): Office for Studsvik Engineering Technology Ltd.
• Ängelholm (Sweden): Base for the newly acquired EBS operations.
• Würenlingen (Switzerland): Office for Studsvik Suisse AG.

Segment-wise Performance

Decommissioning and Radiation Protection Services

• YoY Movement: Sales increased by 11.2% in local currencies.
• Performance: Delivered strong results due to high demand and effective workforce utilization. The segment successfully managed several decommissioning projects with selected partners.

Scandpower

• YoY Movement: Sales increased by 18.6% in local currencies.
• Performance: Achieved great success in the US market, driven by advanced fuel optimization software (CMS5 and GARDEL). Operating profit improved significantly to SEK 30.6 million.

Fuel and Materials Technology

• YoY Movement: Sales increased by 5.6% in local currencies.
• Performance: Faced production challenges in Q2 and Q3 but ended the year positively. Efficiency measures were implemented, leading to a strong order intake entering 2025.

Waste Management Technology

• YoY Movement: Sales decreased to SEK 32.3 million (from SEK 40.1 million in 2023).
• Performance: Operating profit decreased to SEK -5.8 million. The segment focused on commissioning the inDRUM facility and establishing strategic collaborations for distribution.

Founders

The company was founded over 75 years ago, marking the inception of the Swedish nuclear energy program. It was established to serve as a center of excellence for nuclear research and development in Sweden. Over the decades, it has transitioned from a government-backed research institute into a publicly traded commercial company, retaining its legacy of deep scientific expertise.

Shareholding Pattern

As of December 31, 2024, Studsvik had 6,301 shareholders.

Top Shareholders:

1. Karinen Family: 21.5% holding (1,769,752 shares).
2. Bronsstädet AB: 17.5% holding (1,442,300 shares).
3. Briban Invest AB: 16.5% holding (1,359,353 shares).
4. Caceis Bank, Switzerland Branch: 4.7% holding.
5. Girell Family: 3.9% holding.

Concentration: The three largest shareholders hold 55.6% of the shares, and the ten largest shareholders hold 77.6%. Foreign ownership accounts for 15.06% of the shares.

Parent

Studsvik AB (publ) is the parent company of the Group. It is a Swedish public limited liability company with its registered office in Nyköping. The parent company’s operations primarily consist of the coordination of the Group. In 2024, parent company sales amounted to SEK 10.7 million, with an operating profit of SEK -25.0 million.

Investments and Capital Expenditure Plans

Studsvik significantly increased its investment activities in 2024 to support future growth and technological advancement.

• Total Investments: SEK 67.4 million (up from SEK 41.7 million in 2023).
• Key Areas of Allocation:
  • Fuel and Materials Technology: SEK 49.5 million allocated for replacement investments to maintain testing capabilities.
  • Waste Management Technology: SEK 17.6 million invested, primarily for the configuration and commissioning of the inDRUM demonstration facility.
  • Acquisitions: Acquisition of EBS to strengthen decommissioning capabilities.
• Research and Development: Total company-funded R&D costs amounted to SEK 14.0 million. Resources were focused on in-core fuel management codes, reactor operation software, and the development of the Peacock Monte Carlo code.

Future Strategy

Studsvik’s future strategy is centered on “Leadership, Innovation, Efficiency, and Sustainability” to capitalize on the global nuclear renaissance.

Management-Stated Strategic Priorities:

• Growth through New Technologies: Expanding services to support Small Modular Reactors (SMRs) and other new reactor types.
• Waste Management Expansion: Commercializing the inDRUM technology globally, with plans to establish full-scale facilities.
• Digital Transformation: Streamlining activities to save time and resources, fostering a more innovative organizational culture (“think big, start small, and move fast”).
• Strategic Partnerships: Evaluating synergies and establishing partnerships to broaden the service offering and market reach.
• Financial Targets:
  • Average annual organic growth of 6%.
  • Operating margin of 12%.
  • Equity/assets ratio of at least 40%.

Key Strengths

• 75+ Years of Experience: Unrivaled legacy and expertise in nuclear technology and radiological environments.
• Unique Facilities: Possession of specialized laboratories and testing facilities in Sweden that serve as an international hub for materials testing.
• Proprietary Technology: Ownership of advanced intellectual property, including world-leading software (Scandpower) and patented waste treatment solutions (inDRUM).
• Broad Lifecycle Coverage: Ability to service the entire nuclear value chain, from new build and operation to decommissioning and disposal.
• Strong Safety Culture: A proven track record of safety and quality, essential for operating in the highly regulated nuclear industry.

Key Challenges and Risks

• Political and Regulatory Risks: The nuclear sector is heavily influenced by political decisions and regulatory changes. Decisions to close down plants or changes in waste management regulations can impact demand.
• Fixed-Price Contracts: A significant portion of revenue comes from fixed-price contracts. Miscalculations in project costs or scope can negatively impact margins.
• Market Dependence: Variations in demand between markets (e.g., new builds in Asia vs. decommissioning in Europe) require adaptability.
• Operational Risks: Handling radioactive materials involves inherent risks related to safety, transportation, and environmental protection.
• Financial Risks: Exposure to currency fluctuations (USD, EUR, GBP) and the need for continuous investment to maintain technical leadership.

Conclusion and Strategic Outlook

Studsvik AB stands at a pivotal moment in the energy industry’s history. With the global “green transition” driving a renewed interest in nuclear power, the company is well-positioned to leverage its deep technical expertise and innovative solutions. The strategic investments made in 2024, particularly in waste management technology and decommissioning capabilities, demonstrate a clear commitment to capturing future growth.

The company’s outlook is positive, supported by a strong order book in key segments and the successful launch of new technologies like inDRUM and Peacock. By maintaining a focus on sustainability, efficiency, and innovation, Studsvik aims to remain a preferred partner for the global nuclear industry, helping customers navigate the complexities of the nuclear lifecycle while delivering long-term value to shareholders.

FAQ Section

1. What is Studsvik’s primary business focus?

Studsvik provides advanced technical services and solutions to the global nuclear power industry, covering the entire lifecycle from new construction and operation to decommissioning and waste disposal.

2. Where is Studsvik headquartered?

The company is headquartered in Nyköping, Sweden.

3. What is the “inDRUM” technology?

inDRUM is Studsvik’s patented waste treatment technology that biologically and thermally treats problematic radioactive waste directly inside the storage drum, reducing volume and stabilizing the waste for disposal.

4. Does Studsvik operate internationally?

Yes, Studsvik has operations in 7 countries, including Sweden, Germany, the USA, the UK, Switzerland, Japan, and China.

5. What software does Studsvik Scandpower provide?

Scandpower provides software for nuclear fuel management and reactor analysis, including products like CMS5, GARDEL, and Peacock.

6. What was Studsvik’s revenue in 2024?

Studsvik reported net sales of SEK 893.1 million for the full year 2024.

7. Who owns Studsvik?

Studsvik is a public company listed on Nasdaq Stockholm. The largest shareholders are the Karinen family, Bronsstädet AB, and Briban Invest AB.

Official Site: https://www.studsvik.com

Source: Content on FirmsWorld.com is based on publicly available corporate filings, regulatory disclosures, annual reports, SEC 10-K filings, investor relations materials, and, where applicable, direct communications with the company.