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Tricastin Areva nuclear power plant in the French town of Pierrelatte. Areva says its net losses in 2014 widened to €4.9bn after it was forced to absorb costs linked to project delays. (Philippe Desmazes. AFP)
Paris - France's nuclear group Areva said on Monday its provisional net losses in 2014 widened to €4.9bn ($5.6 billion) after it was forced to absorb costs linked to project delays.
The mostly state-owned company has taken a particular hit in the past year from delays in building its Olkiluoto 3 nuclear plant in Finland, as well as difficulties with its renewable energy contracts.
Areva also said there were impairment charges tied to the modernisation of its uranium conversion plant, the Comurhex II project in France.
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