Orano: Positive Results Despite a Loss-Making Back End Sector
Improvement in results in the first half-year
Revenue of €1,883 million, up +5.6% (LFL) compared to the first half of 2020
EBITDA stable at €415 million (compared with €413 million in the first half of 2020) marked, on the one hand, by the continuation of the effects of Covid on the Canadian mining sites until the beginning of May and difficulties within the Back End Recycling activities and, on the other hand, by the ramp-up of the conversion activity in the Front End
Operating cash flow of €526 million (vs.€178 million in the first half of 2020)
Positive net income attributable to owners of the parent, driven by the rebound in financial markets