[en] AEA Technology, the trading name of the United Kingdom Atomic Energy Authority, has evolved from its main mission to develop nuclear technology and its activities now extend over a wide range. Work is done in energy-related technologies, in safety and reliability, in environmental protection, and in applying technology to manufacturing and process industries. During 1992-93 AEA Technology has continued its development as a high quality scientific and engineering services business. Despite difficult trading conditions, steady progress has continued towards establishing AEA as a commercially robust and profitable international business. A decrease in turnover from Pound 425M in 1991-92 to Pound 415M in 1993 is reported and a decrease in operating profit from Pound 33M to Pound 23M. Sales to United Kingdom Nuclear markets have continued to decrease. The Government's decision to cease virtually all investment in fast reactor R and D at the end of March 1993 is particularly disappointing and will have an impact on the 1993-94 turnover. More positively, many major contracts have been completed and new business has been won both in the nuclear and non-nuclear sectors of the business. Examples of these are given in the report. Two particular aspects of business strategy are emphasized. The first is the diversification of the customer base. This is continuing and is exemplified by the growth in turnover by the industrial business group from Pound 105M to Pound 121M over the year. A second key component of strategy is the forming of commercial partnerships with industry via joint ventures. (UK)