Satisfying 9m trading update. Top-line growth was driven by EDF Renewables, while EBITDA generated by the overall renewables activites suffered from unfavourable hydro conditions. Due to the earthquake in France, EDF had to revise downward its nuclear production guidance, mid-point decreased by 1%. In the current situation of EDF, a ‘less worse’ than expected news seems to be a positive one. Our positive recommendation is the result of the last three months stock performance, not
14 Nov 2019
FY guidance confirmed despite headwinds on nuclear
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FY guidance confirmed despite headwinds on nuclear
- Published:
14 Nov 2019 -
Author:
Auguste DERYCKX LIENART -
Pages:
3
Satisfying 9m trading update. Top-line growth was driven by EDF Renewables, while EBITDA generated by the overall renewables activites suffered from unfavourable hydro conditions. Due to the earthquake in France, EDF had to revise downward its nuclear production guidance, mid-point decreased by 1%. In the current situation of EDF, a ‘less worse’ than expected news seems to be a positive one. Our positive recommendation is the result of the last three months stock performance, not