(MENAFN) France's nuclear group Areva said its provisional net losses in 2014 widened to USD5.6 billion after it was forced to absorb costs linked to project delays, AFP reported.
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.
The company, which is 87-percent owned by the French state, has suffered in recent years as interest in nuclear power has cooled following the 2011 Fukushima catastrophe in Japan.
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