Robust operating performance
Net cash flow from company operations very positive
Big increase in net income attributable to owners of the parent
Improved 2020 financial outlook2
The Orano Board of Directors met yesterday and approved the financial statements for the year ended December 31, 2019. When asked about the results, Philippe Knoche, Chief Executive Officer, stated:
“Orano delivered solid results in 2019 with a return to revenue growth, an increase in the EBITDA supported by successful implementation of its performance plan and a positive net cash flow after a voluntary contribution enabling a return to 100% coverage of its dismantling liabilities. By improving its financial outlook for 2020, the Group is confirming its role as a major player in the low carbon nuclear energy industry, which has its part to play in the fight against climate change.”
1 Definition in Appendix 2.
2 Compared with those issued on July 31, 2019.