EDF : Feedback from road show in Frankfurt – Buy recommendation maintained
>The focus is gradually shifting to the reform of the market - As part of our road show yesterday in Frankfurt with EDF’s teams, we had the opportunity for an update on a detailed timeframe of the main milestones for the company in 2019 and the outlook for implementation in the medium term. Overall, we are reassured on the group’s transformation objectives and we think that despite a complete absence of news flow on the negotiations for a reform of the ARENH mechanism...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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