Earnings up at Urenco despite fall in demand

URENCO, the world's second largest producer of enriched uranium, has recorded half-year sales and earnings growth, despite its market slowing down.

The Buckinghamshire-based firm, which employs around 300 people at an enrichment plant in Capenhurst near Chester, said demand for nuclear fuel has reduced following the Fukushima nuclear disaster in Japan.

Nonetheless, revenue in the six months to June grew by 36% to £417m, partly due to the timing of deliveries. Earnings before interest, tax, depreciation and am... For the full story register now for free or login below...

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