EDF income falls
Electricite de France (EDF) has announced that its income over the first half of the year fell by 15 per cent.
The supplier said that a mild summer meant that demand fell, with net income over the six months to June totalling 3.51 billion - compared with 4.14 billion a year earlier. Sales over the same period were roughly static, standing at 30.3 billion.
The company said that its outlook for the year ahead was unchanged, although it declined to release any details of what this outlook was.
EDF is planning a migration into the US market, chairman and chief executive Pierre Gadonneix said.
"Through the agreement recently signed with the US utility Constellation Energy Group is a new step towards the fulfilment of EdFs ambition to participate in the nuclear renewal on the largest energy market worldwide."
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