Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Wednesday, March 9, 2011

Areva profits up 60%

Areva profits up 60%
Paris (AFP) March 3, 2011 - French nuclear group Areva on Thursday reported net profits of 883 million euros ($1.2 billion) in 2010, a 60 percent increase thanks to the sale of its transport and distribution sector. The results were nonetheless lower than market expectations of close to a billion euros, according to analysts polled by Dow Jones Newswires. Company chief executive Anne Lauvergeon spoke of a bright ou ... more

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