The group had a difficult start of the year with revenue decreasing 6.7% yoy to €21.44bn, falling short of expectations by 2.5% as all divisions within the company scope had a negative performance; adjusted for FX and consolidation, revenues decreased 6% yoy organically. In terms of divisional changes: France -4.8%, UK -13.2%, Italy -4.5%, other international -11.9%, and other activities -7.3% (Dalkia -7%, renewables +0.5% and trading -35.5%). Despite this, the group still confirms its f
11 May 2016
Revenues down across all divisions, nuclear output objective reduced
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Revenues down across all divisions, nuclear output objective reduced
- Published:
11 May 2016 -
Author:
Juan Camilo Rodriguez -
Pages:
3
The group had a difficult start of the year with revenue decreasing 6.7% yoy to €21.44bn, falling short of expectations by 2.5% as all divisions within the company scope had a negative performance; adjusted for FX and consolidation, revenues decreased 6% yoy organically. In terms of divisional changes: France -4.8%, UK -13.2%, Italy -4.5%, other international -11.9%, and other activities -7.3% (Dalkia -7%, renewables +0.5% and trading -35.5%). Despite this, the group still confirms its f