EDF : 2020 bodes to be a good year
>2019 results higher than forecast - On Friday morning, the EDF group reported 2019 results that were better than expected. EBITDA rose 8.4% organic to € 16.7bn vs our forecast of € 16.1bn and the consensus estimate of € 16.3bn. By division, the differences with the estimates (see page 2) mainly stemmed from generation in France and the renewables business. EBIT came to € 6.8bn vs € 6.4bn forecast and attributable net profit excluding one-off items came to € 3.9bn vs ...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.
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.
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