UPDATE 1-Areva takes 400 mln euros charge on Finnish plant
* Areva sees H1 operating loss due to Finnish provision
* Talks continue with EDF on G. Besse 1 shutdown terms
* Still sees significant growth in 2010 backlog, revenue
(Adds details from statement)
PARIS, June 23 (Reuters) - Areva SA CEPFi.PA expects to post an operating loss for the first half 2010 due to a new 400 million euros provision tied to delays in building a 1,600 megawatt nuclear reactor in Olkiluoto, Finland.
The state-owned company also reaffirmed its view there would be significant backlog and revenue growth this year, and a sharp increase in net income due to capital gains from the sale of its transmission and distribution business (T&D).
Areva also said negotiations were continuing with French power utility EDF (EDF.PA: Quote) on the terms for the shutdown of the Georges Besse 1 enrichment plant.
Excluding the additional provision for the Finnish plant and the possible impact of a shutdown of Georges Besse 1, the group's operating margin for the first half should be around 4 percent of sales, it said.
Areva forecast first-half revenue should rise around 2 percent year-on-year and that its backlog at end-June should exceed 43 billion euros, a year-on-year rise of 1 billion. Continued...