Report
Louis Boujard, CFA ...
  • Philippe Ourpatian

EDF : 2018 nuclear production target within reach but only just

>Ongoing monitoring of shutdowns at EDF nuclear power plants - We regularly monitor shutdowns in EDF’s nuclear fleet in order to estimate the impact on the group’s guidance and anticipate potential deviance. In the year to date, and based on the pace of the shutdowns, we believe that the 2018 target is likely to be met, though the group has limited leeway at this stage. In our opinion, our estimate of 395 TWh (vs. EDF’s guidance of >395 TWh) is a likely assumption for...
Underlying
Electricite de France SA

Electricite de France is an integrated energy company with a presence in a range of electricity-related businesses: nuclear, renewable and fossil-fuel fired energy production, transmission, distribution, marketing as well as energy management and efficiency services, along with energy trading. Co. is an integrated energy company engaged in all aspects of the energy business: generation, transmission, distribution, supply and trading of energies. Co. is an electricity operator in France and abroad. The breakdown used by Co. for its activities is as follows: France; United Kingdom; Italy; Other International; and Other activities.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Louis Boujard, CFA

Philippe Ourpatian

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