EDF : 9M 2021 sales that provide a sunny outlook
>9M sales beat forecasts - On Wednesday, EDF published 9M 2021 sales that beat forecasts. Sales came out at € 57.06bn (+15.7% organic) vs € 55.82bn expected, underpinned by an increase in nuclear production volumes (+€ 1.4bn) and positive price effects, mainly in France, at € 0.8bn (TURPE indexation, capacity price). Sales also benefited from the sharp rise in gas prices and volumes (+€ 2.8bn) as well as the resale of purchase obligations in France at a higher price (...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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