Strong Financial Performance
Revenue increased by 24%, gross profit up by 44%, adjusted net earnings increased by 52%, and adjusted EBITDA up by 5%.
Positive Long-Term Industry Outlook
The future picture for nuclear energy is more positive than ever, with global demand for nuclear energy increasing and significant positive industry developments reported.
Westinghouse Acquisition Benefits
Notable improvements in Westinghouse's adjusted EBITDA by 19%, and a strong outlook for the whole year is expected.
China's Nuclear Expansion
China approved 10 new nuclear reactors, marking the fourth consecutive year of such announcements, highlighting strong future demand.
Solid Financial Position
Final repayment of a $600 million term loan for the Westinghouse acquisition achieved, indicating a strong balance sheet.