Showing posts with label tsunami. Show all posts
Showing posts with label tsunami. Show all posts

Wednesday, 19 November 2014

Areva shares plunge after it drops financial targets

Shares in Areva have plunged after the French nuclear firm suspended its financial targets for 2015 and 2016.
The firm blamed delays to its Finnish nuclear project, a slower than expected restart for its Japanese reactors after the 2011 nuclear accident in Fukushima and a "still lacklustre" nuclear market for the decision.
Areva said it was reviewing both its mid-term funding plan and future goals.
The shares were down 15.5% in morning trading.
However, Areva said