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Revenue growth in the first quarter of 2010: 8.4% like-for-like, i.e. 1.936 billion euros
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.
The group's backlog of 43.6 billion euros at March 31, 2010 was stable in relation to December 31, 2009. Growth in the backlog of the Reactors & Services Business Group helped offset the drawdown of the backlog in the Back End Business Group as contracts were completed.
For the full year of 2010, the group confirms its outlook for significant backlog and revenue growth, rising operating income, and a strong increase in net income attributable to owners of the parent. See section II: "Detailed information on the group's performance".
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