Assystem expects new nuclear plants to accelerate its activity from 2028 onward, thanks to the French government’s new nuclear ambitions.

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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