EDF: double-digit growth in FY EBITDA
(CercleFinance.com) - EDF announces net income group share that is down 62.
9% to 1.2 billion euros for 2018, although it reports EBITDA of nearly 15.3 billion euros, up 11.1%, for revenues of nearly 69 billion euros, up 6.3% (+4% in organic terms).
EDF said “The rebound in our results in 2018 has occurred and is in line with our forecasts. We have achieved all our financial objectives and are exceeding all the targets of our performance plan.” It is mainly thanks to the solid performance of nuclear and hydraulic electricity in France, the growth of EDF Renouvelables and the very good results of EDF Trading.
EDF's Board of Directors will propose a dividend balance of 0.16 euro per share for ordinary dividend-paying shares and 0.191 euro per share for bonus-dividend-paying shares, with the option of payment in new shares.
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9% to 1.2 billion euros for 2018, although it reports EBITDA of nearly 15.3 billion euros, up 11.1%, for revenues of nearly 69 billion euros, up 6.3% (+4% in organic terms).
EDF said “The rebound in our results in 2018 has occurred and is in line with our forecasts. We have achieved all our financial objectives and are exceeding all the targets of our performance plan.” It is mainly thanks to the solid performance of nuclear and hydraulic electricity in France, the growth of EDF Renouvelables and the very good results of EDF Trading.
EDF's Board of Directors will propose a dividend balance of 0.16 euro per share for ordinary dividend-paying shares and 0.191 euro per share for bonus-dividend-paying shares, with the option of payment in new shares.
Copyright (c) 2019 CercleFinance.com. All rights reserved.