[Table_Date] 2025 年 8 月 6 日 [Table_Title] Orano 2025H1 收入同比增长 17.6%至 26.72 亿欧 元，归属于母公司所有者的净利润同比扭亏为盈 至 1.09 亿欧元 [Table_Title2] 有色金属-海外季报 [Table_Summary] 季报重点内容: ►财务业绩情况 1）未完成订单 2025H1，订单额达 12.33 亿欧元，其中 77%用于出口。 2025H1，Orano 的未完成订单额为 330 亿欧元，其中包括 18 亿欧元的换汇影响。这些未完成订单相当于公司六年多的收 入。 证券研究报告|行业研究报告 2）收入 2025H1，Orano 的收入为 26.72 亿欧元，较 2024H1 的 22.72 亿欧元增长 17.6%。按同类基础计算（LFL）同比增长 18.2%。 2025H1，国际客户收入占比为 41.3%，而 2024H1 为 41.4%。 • 采矿业务收入总计 9.13 亿欧元，较 2024H1 增长 14.8%（同比增 17.0% LFL）。该收入受益于 (i) 与两个时期 积压订单分布相符的积极销量效应，但部分被 (i ...

Group 1 - BP has announced the sale of its onshore wind business in the U.S. to LS Power, aiming to refocus on its core oil and gas operations and reverse its recent stock price decline [1][2] - The transaction involves 10 operational onshore wind projects across seven U.S. states, with a total installed capacity of 1.7 gigawatts, and the specific financial details will be disclosed in the upcoming Q2 earnings report [1][2] - BP's CEO, Murray Auchincloss, is executing a revival plan that includes a target of raising $20 billion through asset divestitures after abandoning a comprehensive low-carbon transition strategy [1][2] Group 2 - BP's strategic shift reflects broader trends in the global energy market, where oil and gas companies face profitability pressures and challenges in transitioning to low-carbon energy [2] - The company plans to reduce transformation spending by $5 billion over the next three years while maintaining an average annual investment of $10 billion in its oil and gas core business to enhance net production and reserve replacement rates [2] - BP's reserve replacement rate has declined from 90% in 2017 to a projected 1% in 2024, prompting increased exploration investment by 62% to $1.6 billion in 2024 and plans to drill approximately 40 wells over the next three years [2] Group 3 - Despite challenges, BP is committed to its strategic adjustment plan, aiming to balance cash flow from traditional operations with the transition to low-carbon energy [3] - The sale of the wind business marks a significant step in BP's strategic focus, with the progress of asset divestitures and stock performance becoming key points of market interest [3]