Prior to the half-year results, EDF has decided to update its targets with a 3% downward revision in nuclear output from 408-412TWh to 395-400TWh, mainly due to the French nuclear watchdog (ASN) examination schedule on the additional controls needed for nuclear components (mainly steam generators) after the Areva scandal, extending the planned maintenance outages. Moreover, in terms of financial targets, EDF stated that it confirms its 2016 EBITDA target of €16.3-16.8bn. However, this va
20 Jul 2016
A hidden profit warning and lower nuclear output
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A hidden profit warning and lower nuclear output
- Published:
20 Jul 2016 -
Author:
Juan Camilo Rodriguez -
Pages:
2
Prior to the half-year results, EDF has decided to update its targets with a 3% downward revision in nuclear output from 408-412TWh to 395-400TWh, mainly due to the French nuclear watchdog (ASN) examination schedule on the additional controls needed for nuclear components (mainly steam generators) after the Areva scandal, extending the planned maintenance outages. Moreover, in terms of financial targets, EDF stated that it confirms its 2016 EBITDA target of €16.3-16.8bn. However, this va