Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

bananas

(27,509 posts)
Fri Feb 20, 2015, 06:47 AM Feb 2015

Areva to book a $4.5 billion loss: paper

Source: Reuters

French state-controlled nuclear group Areva will post a 2014 net loss of about 4 billion euros ($4.5 billion), French daily Le Figaro reported on Friday.

The paper gave no further detail but cited several sources.

Areva, which will release 2014 results on March 4, declined to comment. Earlier this month, weekly newspaper Le Journal du Dimanche reported the company could post a 2014 loss of more than 3 billion euros.

<snip>

Areva swung to a 694 million euro first-half 2014 loss as struggling utilities cut maintenance costs and the nuclear sector remained in the doldrums following the 2011 Fukushima disaster.

Read more: http://in.reuters.com/article/2015/02/20/us-areva-results-idINKBN0LO0OK20150220

Latest Discussions»Latest Breaking News»Areva to book a $4.5 bill...