HomeEconomyEDF registers a historic loss of almost 18,000 million euros in 2022

EDF registers a historic loss of almost 18,000 million euros in 2022

The electrician also increased its net financial debt to 64.5 billion euros last year.

EDF posted a historic loss of 17.9 billion euros in 2022, expanding its debt to a similarly record level of 64.5 billion euros, at the end of a dark year weighed down in particular by setbacks to its nuclear fleet.

Its turnover increased by 70% to 143,500 million euros driven by the increase in energy prices, but the group went into the red with a very strong net loss, compared to a profit of 5,100 million in 2021. With the increase Due to widespread electricity prices, EDF has seen many French customers return, but the operating margin has been affected by purchases at high prices to cover their needs.

>> More information to come on BFM Business in a few moments. Also find live videos of BFM Business and Follow us on Twitter.

Author: LP with AFP
Source: BFM TV

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