EDF continues to win customers. The group announces that it has won more than 939,000 new energy contracts in a year.
The company, 84% state-owned and about to be 100% renationalised, announced a 78% increase in turnover in 9 months to €101.5 billion compared to €57 billion in the same period in 2021.
However, bad news, EDF indicated on Thursday that it had once again reviewed the financial impact of the fall in its electricity production for 2022 to 32,000 million euros, compared to the 29,000 million announced in September. The blame lies with delays in maintenance work at some of its power plants.
More customers does not mean more profit
But more customers and more electricity sold do not mean more profit for EDF.
Burdened by nuclear power plants shut down for maintenance or corrosion problems, and by the obligation to sell a large part of its nuclear production at low prices, EDF is heading this year for colossal losses; it has already suffered a net loss of 5.3 billion euros in the first half.
He has also experienced social movements in France since September, “whose impact is being studied,” he said.
The future CEO of EDF Luc Rémont, whose proposed candidacy for the Elysée Palace was validated on Wednesday by Parliament, will have to take the reins of the heavily indebted company from “mid-November”, according to the wish expressed by the minister of Economy, Bruno Le Maire. Thursday morning.
Source: BFM TV
