Revenue growth in the first quarter of 2010: 8.4% like-for-like, i.e. 1.936 billion euros
GROUP / FINANCE
April 29, 2010
Following the establishment of AREVA’s new organization, effective January 28, 2010, business segment information is provided by Business Group (BG): Mining/Front End, Reactors & Services, Back End, and Renewable Energies.
The group’s first quarter 2010 consolidated revenue rose 6.5% to 1.936 billion euros (+ 8.4% LFL1) compared with the first quarter of 2009. Growth was driven by the Reactors & Services Business Group (+ 18.0% LFL). Revenue from exports was up 16.6% to 1.089 billion euros, representing 56.2% of total revenue. Foreign exchange2 had a negative impact of 26 million euros. Changes in consolidation scope were negligible during the period.
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
1 Like-for-like, i.e. at constant exchange rates and consolidation scope
2 Currency translation