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Nuclear engineering remains promising for Assystem. Revenues of nuclear engineering proved slightly more resilient during 2020 (with a 4.2% revenue decline at cc/cs) than the company itself (-5.3%). In H1 2020, the activity was impacted by the lockdown in Europe, as nuclear engineering requires a higher level of onsite work than ER&D services. Revenues bounced back in H2, reaching a slight organic growth.
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Without surprise, French ER&D service vendor SII announced a slowdown in its Q4 FY20 (ending March 31): revenues were up 2.2% at CC/CS during the quarter.