The ENUSA Group advances in its national and international business strategy

29/06/2021
Home 9 Press releases 9 The ENUSA Group advances in its national and international business strategy
The ENUSA Group has fulfilled all its commitments during the 2020 financial year, despite the health crisis caused by COVID-19, maintaining its safety and quality standards. Closes the year with a profit of more than 4 million euros and a provision of 5 million
ENUSA has destined 76.5% of the production of the Juzbado factory for export. At the national level, ENUSA has reached an agreement with Spanish electricity companies to extend fuel supply contracts until the end of life of the 5PWR reactors, aligning with the Spanish Nuclear Program
EMGRISA has improved its turnover and the result after taxes, achieving a positive operating result and creating an order book of more than 16 million euros
ETSA has reached its maximum sales and results since the beginning of its operations in 1996

After having been approved by the General Meeting of Shareholders, the ENUSA Group publishes today the Annual Report for the 2020 financial year. This document includes the most notable milestones and the main initiatives carried out during the past year, which allow the company to move towards the future strategically. .

Over the course of the previous year, the pandemic highlighted the essential value of health. This fact, added to the ENUSA Group's commitment to the 2030 Agenda and the Sustainable Development Goals (SDGs), has defined the graphic line chosen for the 2020 Annual Report. The design of this document is inspired and based on SDG 3' Health and well-being', aimed at guaranteeing a healthy life and promoting well-being at all ages.

In fiscal year 2020, the ENUSA Group faced the health crisis with the implementation of a Comprehensive Prevention and Action Plan against COVID-19, because for the company the health of all the people who make up the ENUSA Group is essential and a priority. . Since the beginning of the pandemic, close health monitoring has been carried out, hygiene measures have been tightened in each workplace and work measures have been implemented that guarantee the safety of all people.

Despite the situation generated by the pandemic, during the 2020 financial year the ENUSA Group fulfilled all its commitments, always guaranteeing the safety and quality standards that characterize it as an organization. As a result, the ENUSA Group closed last year with a turnover of 247 million euros and results before taxes of 4.2 million euros (3 million after taxes). In addition, a provision has been made for risks related to import tariffs on components paid in previous years (from 2010 to 2019) for an approximate amount of 5 million euros.

Nuclear business

The ENUSA Group is characterized by the diversity of its activities, integrated into three businesses: nuclear, environmental and logistics. Among the milestones of the nuclear business, the agreement reached with the Spanish electricity companies to extend the fuel supply contracts until the end of life of the 5PWR reactors of the Spanish nuclear power plants of Almaraz, Ascó and Vandellós II stands out, which aligns ENUSA with the Spanish Nuclear Program. Equally notable milestones are the signing of the subcontract to supply fuel to the French electricity company EDF until 2024, and the signing of the contract with the Swiss electricity company AXPO that will allow ENUSA to supply demonstration fuel elements for the Leibstadt nuclear power plant (KKL).

In 2020, the Juzbado fuel element factory (Salamanca) manufactured 288.9 equivalent tons of uranium, of which 76.5% was destined for export, for plants in Belgium, France, Sweden and Finland, as part of the internationalization strategy of the ENUSA Group, which has also increased its operations in China, Korea and the Arab Emirates.

As a result of the previous year, ENUSA, the Group's parent company, has obtained a result after taxes of 3 million euros.

With the purpose of expanding ENUSA's scope of action, the dismantling and management of radioactive waste business line has been established, launching the development of several radiological characterization and optimization projects in the management of radioactive waste.

Environmental business

The environmental commitment is inherent to the ENUSA Group and is materialized with the subsidiary EMGRISA, which during 2020 has carried out 104 projects aimed at environmental soil management, waste management, environmental consulting and development and innovation; also at the international level. In addition, a new environmental business line has been created for advice and technical assistance in water planning. It should be noted that last year EMGRISA was consolidated as a means of the General Administration of the State and the public sector, with 24 new management tasks. In 2020, the ENUSA Group's environmental brand has increased its business portfolio to over 16 million euros.

The biogas plant that the Group owned in Juzbado treated 2,441 tons of waste and generated 2,145,378 kWh of energy supplied to the fuel element factory and 341,650 kWh of energy sold. In June 2020, the industrial assets of the biogas plant were sold.

The Urban Solid Waste (MSW) plant, located in Cervera del Maestre (Castellón), managed 68,606 tons of waste, of which 11,092 were recovered of recoverable material and 2,220 of biostabilized material. As an example of the quality guarantee offered by the ENUSA Group, ISO 14001 has been implemented and is ready for accreditation.

The Saelices el Chico Center (Salamanca) carried out the chemical treatment of at least 450,000 m3/year of acid water stored at the site. Another milestone within the environmental business is the end of the manufacturing and spreading of technosols from the TEKURA project, with approximately 9,500 m3/year manufactured, continuing with the monitoring and control of the project results.

Logistics business

The ENUSA Group, through its subsidiary ETSA, carries out the logistics and transportation of dangerous, complex and highly responsible goods in a multimodal manner and operating at a global level. During fiscal year 2020, 53,340 shipments related to nuclear medicine, 530 shipments related to the nuclear industry and 3,683 chemical products in tanks were made. The good results achieved during 2020 have represented the company's highest sales and results since the beginning of its operations in 1996.

The 2020 Annual Report of the ENUSA Group reflects the success of the activities carried out by the company during the last year, as well as the economic and social return that they have entailed. The Report already shows the first actions carried out that guide the company towards a new horizon presided over by sustainable development. The ENUSA Group is knowing how to adapt, with the purpose of continuing to develop innovative, nuclear, environmental and logistical solutions at a global level.

The 2020 Annual Report complies with the usual requirements of the Global Reporting Initiative (GRI) and Law 11/2018 of December 28 on non-financial information and diversity, which reinforces the requirements for information related to the evolution, results and the situation of the Group in social, environmental and good governance matters.

To read the complete 2020 Annual Report pincha aquí.

To read the summary of the 2020 Annual Report pincha aquí.