S&P revises Orano view to stable

S&P said it revised the outlook for Orano to stable from negative and affirmed its BB+ rating.

“The outlook revision points to our expectation that Orano will sustain strong performance in 2020 and beyond. We estimate material positive free cash flow of about €1 billion over the coming three years, likely resulting in improved and less volatile credit metrics,” said S&P in a press release.

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