Activity preserved and operational performance improved despite Covid
Positive net cash flow and improved liquidity
Net income attributable to owners of the parent impacted by the health crisis
Financial outlook for 20212
The Orano Board of Directors met yesterday and approved the financial statements closed on December 31, 2020. When asked about the results, Philippe Knoche, Chief Executive Officer, stated:
“We have demonstrated our ability to adapt to an unprecedented health crisis. Thanks to the mobilization of its teams, Orano has maintained its operations to ensure the continuity of its services to its customers for the supply of electricity. While our growth has been halted, our operational performance target has been achieved and we have continued to strengthen our financial structure. 2020 will remain the year when the world realized that it needs nuclear power to meet the climate challenge of the future while saving resources. Our industry is regaining a decisive role and Orano is ready to respond to these challenges."