EDF Presents Quaterly Financial Information
- First quarter 2015 sales reached €22.9bn, up 7.8% vs. Q1 2014, 1.8% of which was at constant scope and exchange rates driven by good operational performance and return to normal weather conditions
- Increase in nuclear output in France:
- 118.2 TWh, up 2.9% vs. the first quarter 2014
- 2015 target of 410 to 415 TWh confirmed
- Selective developments in energy services and renewable energy
- EDF Luminus: acquisition(1) of a majority stake in ATS SA on 24 April 2015
- Dalkia: finalisation of the acquisition of Cesbron on 24 March 2015
- EDF ?nergies Nouvelles: development in Chile and Brazil
Jean-Bernard L?vy, the Chairman and CEO of EDF, announced: "Sales progress in the first quarter demonstrates the responsiveness and the efficient management of the nuclear facilities in France. Due to weather conditions, the nuclear facilities were in higher demand. The Group continues to grow stronger in energy services and renewable energy, via the recent acquisitions by EDF Luminus and Dalkia, and via the development of EDF ?nergies Nouvelles in Chile and Brazil. In an energy sector undergoing profound change, the integrated model, the capacity to innovate, and the international presence of EDF are decisive advantages for the Group's success, now more than ever."
(1) Subject to the approval of the relevant competition authority
More information in the press release
EDF Group, one of the leaders in the European energy market, is an integrated energy company active in all areas of the business: generation, transmission, distribution, energy supply and trading. The Group is the leading electricity producer in Europe. In France, it has mainly nuclear and hydropower generation facilities where97.6% of the electricity output is CO2-free. EDF's transmission and distribution subsidiaries in France operate 1,285,000 km of low and medium voltage overhead and underground electricity lines and around 100,000 km of high and very high voltage networks. The Group is involvedin supplying energy and services to approximately 37.8 million customers, of which 28.3 million in France. The Group generated consolidated sales of €72.9 billion in 2014, of which 45.2% outside of France. EDF is listed on the Paris Stock Exchange and is a member of theCAC 40 index.
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