First half 2005 sales figures (2005/07/28 - after 17:30 CET)
  Sales are up 1.1% compared with the first half of 2004 
(up 2.6% like-for-like
(1))

   The € (17.3) M impact of IFRS adoption is limited to the Front End division

 Energy is up:           




 Connectors stable:
- Nuclear Power: up 4.4% (up 5.5% like-for-like (1)), driven by the Front End and Reactors & Services divisions

- T&D:
 down 3.9% (-2.1% like-for-like (1)) due to the one-time peak observed in early 2004


Sales are stable (+0.3% like-for-like (1)): Automotive performed well, while the communication market continued to be a difficult one

In millions of euros H1 2005 H1 2004 % change % change
like-for-like (1)
Front End

1,250

1,179

+6.0%

+8.8%

Reactors & Services

1,039

959 

+8.3%

+11.3%

Back End

991

1,004 

-1.3%

-3.4%

Transmission & Distribution

1,473

1,533 

-3.9%

-2.1%

Sub-total Energy

4,754

4,675

+1.7%

+3.0%

Connectors

638

653

-2.4%

+0.3%

Corporate

5

10

-55.4%

-54.5%

Total

5,396

5,339

+1.1%

+2.6%


(1) Constant consolidation scope, accounting standards/procedures, and exchange rate.

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Anne Lauvergeon Position

Anne Lauvergeon
AREVA