Report
Louis Boujard, CFA ...
  • Philippe Ourpatian

EDF : Fresh uncertainty spoiling the party

>Political risk on the rise again - Despite the 5.9% increase in regulated Blue tariffs at 1 June 2019, EDF's share price is once again under pressure. In the last few weeks, the energy ministry has hinted that the current formula for residential tariffs is likely to be modified to prevent future price rises. As things stand, the balance seems to be tipping towards an amendment proposal from an LREM MP who wants to increase the ARENH volumes available to the competiti...
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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