Assystem expects new nuclear plants to accelerate its activity from 2028 onward, thanks to the French government’s new nuclear ambitions.
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Assystem expects new nuclear plants to accelerate its activity from 2028 onward, thanks to the French government’s new nuclear ambitions.
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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.
Assystem announced its results two days before France back into a full lockdown. Despite a good financial performance in Q3 2020, the company changed, again, its guidance for full-year 2020.
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Assystem made a tuck-in acquisition with British risk management firm, Corporate Risk Associates (RCA). As its name suggests, RCA is a risk consultancy that is active across several sectors (including nuclear, oil & gas, defense).
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