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AREVA Publishes First Quarter 2012 Revenue: 1.3% Growth Like for Like to 2.026 Billion Dollars - AREVA generated consolidated revenue of 2.026 billion euros in the first quarter of 2012, up 2.4% (+1.3% like for like) compared with the same period in 2011 - AREVA.com
AREVA Publishes First Quarter 2012 Revenue: 1.3% Growth Like for Like to 2.026 Billion Dollars

 

PRZOOM - /newswire/ - Paris, France, 2012/04/26 - AREVA generated consolidated revenue of 2.026 billion euros in the first quarter of 2012, up 2.4% (+1.3% like for like) compared with the same period in 2011 - AREVA.com.

   
 
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The increase in revenue in the Mining Business Group (+11.9% reported, +6.5% like for like), the Reactors & Services Business Group (+5.8% reported, +6.0% like for like) and the Renewable Energies Business Group (+198.2% reported, +199.8% like for like) offsets the expected decrease in revenue in the Front End Business Group (-17.2% reported, -18.3% like for like). Foreign exchange had a positive impact of 29 million euros over the period, while changes in consolidation scope had a negative impact of 8 million euros.

It should be noted that revenue may vary significantly from one quarter to the next in the nuclear operations. Accordingly, quarterly data should not be viewed as a reliable indicator of annual trends.

The Group had 45.1 billion euros in backlog at March 31, 2012, up 3.7% in relation to March 31, 2011 and down slightly (-1.0%) from December 31, 2011. Backlog growth in the Front End, Reactors & Services and Back End Business Groups offsets the decrease in backlog in the Mining and Renewable Energies Business Groups. Order cancellations as a result of the Fukushima accident totaled 612 million euros at March 31, 2012, compared with 464 million euros at December 31, 2011.

 
 
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Agency / Source: AREVA

 
 

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AREVA Publishes First Quarter 2012 Revenue: 1.3% Growth Like for Like to 2.026 Billion Dollars

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AREVA |
Contact: Press Office - AREVA.com 
+33(0)1 34 96 12 15 press[.]areva.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any AREVA securities in any jurisdiction including any other companies listed or named in this release.

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