Brief: EDF Q1 Sales Up At 47.8 Bln Euros

Electricite de France SA

28/04/2023 07:03

April 28 (Reuters) - Electricite de France SA  EDF.PA :
    * EDF: FINANCIAL INFORMATION AT 31 MARCH 2023 - INCREASE IN
SALES 
IN A CONTEXT OF HIGH ELECTRICITY PRICES
    * SALES: EUR 47.8BN, +34.6% ORGANIC GROWTH VERSUS. END-MARCH
2022
    * NUCLEAR: 85.2TWH IN FRANCE, OR 6.5TWH LESS THAN IN 1ST
QUARTER
OF 2022
    * NUCLEAR OUTPUT Q1: 9TWH IN UNITED KINGDOM, DOWN BY 2.4TWH
FROM
1ST QUARTER OF 2022
    * Q1 RENEWABLE OUTPUT TOTALLED: 9.2TWH OF HYDROPOWER IN
FRANCE
    * 2023 OBJECTIVES CONFIRMED
    * Q1 RENEWABLE OUTPUT TOTALLED:  7.8TWH (EXCLUDING
HYDROPOWER IN
FRANCE), UP BY 0.4TWH COMPARED TO 1ST QUARTER OF 2022
    * STRONG INCREASE IN GROUP SALES IS ESSENTIALLY EXPLAINED BY
AN
INCREASE IN ELECTRICITY AND GAS SALE PRICES IN Q1 OF 2023
    * AS OF END OF MARCH 2023, GROUP HAD 13.4GW NET OF INSTALLED
RENEWABLE CAPACITY AND 7.3GW GROSS CAPACITY UNDER CONSTRUCTION
    * RESIDENTIAL ELECTRICITY CUSTOMER PORTFOLIO IN FRANCE
INCREASED
BY MORE THAN 200,000 CUSTOMERS IN 1ST QUARTER OF 2023
    * RESIDENTIAL ELECTRICITY CUSTOMER PORTFOLIO IN FRANCE
INCREASED
BY MORE THAN 200,000 CUSTOMERS IN 1ST QUARTER OF 2023
    * FRENCH STATE CURRENTLY HOLDS 95.94% OF EDF SHARE CAPITAL

Source text for Eikon:  ID:nGNE9kvJp8 
Further company coverage:  EDF.PA 

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