Report
Louis Boujard, CFA ...
  • Philippe Ourpatian

EDF : No news on Hercules but prospects looking good

>Sales down hit by the crisis - EDF published, Friday, its 9M sales, showing an organic decrease of 4% y-o-y to € 48.8bn against € 48.5bn expected. The group estimates that the health crisis represents a sales shortfall of € 2bn and is primarily responsible for the decline in sales this year. Specifically, the pandemic has affected the group’s sales principally due to more limited nuclear production, the decline in demand affecting the distribution and electricity sup...
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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