Saskatoon-based Cameco continues to see a positive shift for nuclear energy from government, industry and public support. That’s according to its third quarter report, which also states that this shift is further supported by recent announcements between utilities, reactor developers, and the industrial energy users, who are now extending financial support to ensure future access to clean, reliable nuclear power.

From January through September, revenue is up 12 per cent at over $1.95 billion. Gross profit is up 24 per cent at $533 million. Cameco’s president and CEO, Tim Gitzel, says apart from the impact of a stronger U.S. dollar, the company’s financial outlook for both Cameco and Westinghouse remains strong. Cameco owns 49 per cent of Westinghouse, which is a nuclear reactor technology manufacturer.