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".
(reed more in attached file)
All over the world, AREVA provides its customers with solutions for carbonfree power generation and electricity transmission*.With its knowledge and expertise in these fields, the group has a leading role to play in meeting the world's energy needs. Ranked first in the global nuclear power industry, AREVA's unique integrated offering covers every stage of the fuel cycle, reactor design and construction, and related services. In addition, the group is developing a portfolio of operations in renewable energies. AREVA is also a world leader in electricity transmission and distribution* and offers its customers a complete range of solutions for greater grid stability and energy efficiency. Sustainable development is a core component of the group's industrial strategy. Its 79,000 employees work every day to make AREVA a responsible industrial player that is helping to supply ever cleaner, safer and more economical energy to the greatest number of people.
* Activity Transmission and Distribution in the process of divestment