Economic performance



 
Our commitment

 Planning ahead to sustain solid financial performance and growth

Ensure the group's sustainability through long-term profitable growth.



Main objectives

 Pursue the objectives set for 2011: 
 capture one third of the world market for nuclear energy  
 achieve 5 billion euros in electricity transmission and distribution sales revenues 
 achieve double-digit operating margin 
 develop a significant position in the field of renewable energies. 

 Perform audits of selected suppliers to ensure compliance with the Sustainable Development Declaration for Suppliers.


Some carried out actions 

 Strong growth in net income
AREVA's ability to take advantage of market opportunities was confirmed in 2006, notably through:
 an order backlog of 25.6 billion euros at the end of 2006, equal to 2.5 years of sales revenues
 growth in sales revenues of 7.3%
 consolidated net income of 649 million euros, up almost 44% compared with 2005
 a positive operating income of 407 million euros compared with 551 million euros in 2005.

 Investing to meet our customers' needs
The current climate provides a number of growth drivers for AREVA:
 the nuclear revival
 the rejuvenation of resources for power generation and electricity transmission and distribution
 the development of renewable energies
 rising demand in developing countries.

To prepare for growth in its markets, AREVA has pursued a capital expenditure program over the past several years: in 2006, it reached 1.25 billion euros, three times the amount invested in 2005.

 Leveraging factors that create value
Financial performance is the reflection of several factors:
 the performance of the group's own resources and processes: employees, production and manufacturing, management and reporting systems
 flows that depend on external stakeholders: customers, suppliers, administrations, financial markets, etc.

These factors are actively managed, measured and continuously improved.

At the end of 2006, 1,569 of the group's suppliers, representing 42% of the purchasing volume, had signed the "Sustainable Development Declaration for Suppliers".


Some figures 

 At the end of 2006, AREVA had a strong balance sheet with a net cash position of 251 million euros
 From 2007 to 2009, the group's 7 largest customers will invest 45% more than during the 2004-2006 period.


Focus 

  AREVA Way, a progress driver
When the Transmission & Distribution division joined AREVA in early 2004, a 3-year profitability optimization plan was set up with the goal of reducing costs by 450 million euros over 3 years. This program also encourages everyone to share their successes and their experiences. The most successful initiatives are recognized internally.



Press releases

08/29/2008 - First-Half 2008 financial results

News briefs

08/25/2008 - Second phase of the 2008 U.S. advertising campaign

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François Ewald
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