EDF : Major profit warning in two significant areas
>EDF heavily penalised by the price catch-up measures - In a decision announced yesterday, the French government communicated on the measures aiming to limit the increase in electricity prices in 2022. These measures notably consist of: 1/ the additional attribution of 20 TWh in ARENH volumes for the period 1 April to 31 December 2022; 2/ the 12-month postponement as of 1 February 2023 of a share of the rate hike for the year 2022 for residential clients with regulat...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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