Sales beat across the board
Q1 22 sales came in at EUR144m, up 19.6%, of which 16.4% was LFL. We were expecting sales of EUR134m and organic growth at 10.5%. The upside to forecasts was driven by both nuclear and non-nuclear activities. Nuclear sales were up 15.7% LFL, accelerating from +9.5% in Q4 22 thanks to robust growth from the maintenance of the installed base in France (lifetime extension, decommissioning) and strong growth from new build in the UK. Non-nuclear sales gained 32.1%, o.w. 1 ....

28 Apr 2023
Solid start to the year

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Solid start to the year
- Published:
28 Apr 2023 -
Author:
Lahmidi Mourad ML -
Pages:
8 -
Sales beat across the board
Q1 22 sales came in at EUR144m, up 19.6%, of which 16.4% was LFL. We were expecting sales of EUR134m and organic growth at 10.5%. The upside to forecasts was driven by both nuclear and non-nuclear activities. Nuclear sales were up 15.7% LFL, accelerating from +9.5% in Q4 22 thanks to robust growth from the maintenance of the installed base in France (lifetime extension, decommissioning) and strong growth from new build in the UK. Non-nuclear sales gained 32.1%, o.w. 1 ....