EDF Nine-Month Revenue Rose; Backs 2019 Outlook
14 Novembro 2019 - 4:54AM
Dow Jones News
By Giulia Petroni
Electricite de France SA (EDF.FR) said Thursday that revenue for
the first nine months of the year rose and it backed its 2019
guidance.
The state-controlled French utility said revenue for the period
ended Sept. 30 was 50.94 billion euros ($56.07 billion), up 2.9% on
an organic basis compared with the year-earlier period.
The company partly attributed the rise to generation and supply
activities in France and a strong performance in Belgium and
Brazil.
Sales at EDF Renewables were EUR1.16 billion, up 1.4% in organic
terms compared to the first nine months of 2018.
EDF confirmed its full-year outlook, saying it expects to
generate earnings before interest, tax, depreciation and
amortization in the range of EUR16.0 billion to EUR16.7
billion.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
November 14, 2019 02:39 ET (07:39 GMT)
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