OREANDA-NEWS. February 07, 2014. AREVA Chief Executive Officer Luc Oursel offered these comments on the group’s level of activity in 2013:

“Two years after Fukushima, AREVA’s level of activity was especially strong in 2013. We outperformed our revenue outlook for nuclear operations with an organic growth of 7.1%.

With more than 9 billion euros, the group’s revenue benefited from the robustness of the recurring activities and from temporary elements, such as exceptionally high uranium sales.

This growth demonstrates the resilience of our end market, despite unfavourable current conditions, and the efficient match between our commercial offers and customers’ expectations.

Capitalizing on this dynamic, the group will continue its recovery in order to sustainably self-finance our capital expenditures.”

In 2013, AREVA had consolidated revenue of 9.303 billion euros, an increase of 3.8% (+6.3% like for like) compared with 2012 benefiting from strong organic growth in the nuclear operations:

Revenue in the nuclear operations was 9.042 billion euros in 2013, compared with 8.633 billion euros in 2012, a 7.1% increase (+4.7% on a reported basis). Revenue was led by the Mining BG (+40.6% like for like) and the Front End BG (+7.5% like for like), offsetting the expected business downturn in the Reactors & Services BG (-1.5% like for like). Revenue was stable in the Back End BG (-0.6% like for like).

The Renewable Energies BG had 132 million euros in revenue, down from 2012 (-24.7% like for
like).

Foreign exchange had a negative impact of 101 million euros, while the change in consolidation scope and accounting methods had a negative impact of 104 million euros over the period.

Fourth quarter 2013 revenue was 2.632 billion euros, down 1.3% (-0.3% like for like), mainly due to a lower level of business in the Reactors & Services BG and the Back End BG compared with the fourth quarter of 2012. Foreign exchange had a negative impact of 30 million euros over the period. The impact of changes in consolidation scope for the quarter was negligible.

The group’s backlog was 41.6 billion euros at December 31, 2013, a decrease compared with December 31, 2012 (44.7 billion euros) and stable compared with the backlog at September 30, 2013.

The year-on-year order intake was 7.6 billion euros. It excludes orders associated with agreements concluded in October 2013 with the EDF group for the Hinkley Point EPR™ project.