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Areva revenue up 6.4 percent in 2009

Areva revenue up 6.4 percent in 2009

French nuclear engineering company Areva SA said Thursday its revenue increased 6.4 percent last year thanks to higher sales of its reactors and engineering services, especially in the U.S.
The French state-owned company, which is active in all branches of the nuclear industry from uranium mining through to recycling of spent reactor fuel, reported annual revenue of (EURO)14 billion ($19.6 billion), up from (EURO)13.2 billion in 2008.
Excluding the company's power transmission and distribution unit, which Areva has agreed to sell to a French consortium later this year for (EURO)4.1 billion, revenue for Areva's revenue grew 5.4 percent to (EURO)8.5 billion last year.
Areva said growth was mainly driven by sales of reactor services such as inspection, maintenance and improvements in the U.S. The company didn't provide specific sales figures for the U.S. International sales grew 9.3 percent to (EURO)5.3 billion, with most of that growth coming from the U.S., Areva said.
The company forecast "significant growth" in its order backlog and in revenue for its nuclear and renewable energy businesses this year.
Areva shares closed down 0.9 percent at (EURO)335.60.


Updated : 2021-04-15 16:56 GMT+08:00