Robust operating performance
The Orano Board of Directors met yesterday and approved the financial statements closed on June 30, 2019. When asked about the results, Philippe Knoche, Chief Executive Officer, stated:
“Orano posted robust results for the first half of 2019 driven by the firm monitoring of our risks, in challenging markets, and, by the continued implementation of our performance plan. The favorable financial market conditions enabled the good valuation of our assets earmarked for end-of-lifecycle commitments and significantly contributed to the positive net income. The group demonstrated its ability to return to solid growth. To sustain this dynamic, it was able to obtain new financing in the markets. Thanks to the commitment of our teams and our customers’ support, Orano is on a positive trend and has improved its outlook for the year.”
1 See appendix 2