Report
Anis Zgaya ...
  • Louis Boujard, CFA
  • Philippe Ourpatian

EDF : 9M 2018 sales in line. Guidance confirmed

>Sales in line with expectations - EDF has reported 9M 2018 sales of € 49.6bn (+5.3% on an organic basis) vs € 49.0bn forecast by Oddo BHF. By division, sales for generation activities in France totalled € 18.9bn (+6.0% on an organic basis) vs € 18.6bn forecast. Sales for regulated activities in France came in at € 11.6bn (organic growth of 2.5%) vs € 11.6bn forecast. EDF Energies Nouvelles reported sales of € 1.1bn (+13.1% on an organic basis) vs € 1.0bn forecast. Th...
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
Anis Zgaya

Louis Boujard, CFA

Philippe Ourpatian

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Klaus Ringel
  • Klaus Ringel

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