Plus   Neg

EDF Group FY18 Net Income Group Share Declines; Organic Growth In Sales At 4.0%

EDF Group SA (EDFEF.PK) reported that its fiscal 2018 net income Group share amount to 1.2 billion euros in 2018, down 62.9% from prior year. Earnings per share was 0.20 euros compared to 0.98 euros. EBITDA was 15.3 billion euros, an organic growth of 11.3% from prior year. Net income excluding non-recurring items was down 13.1% to 2.45 billion euros.

Fiscal 2018 sales were up 6.3% to 68.98 billion euros. Organic growth in sales were 4.0%, for the fiscal year. Nuclear output in France amounted to 393.2TWh, an increase of 14.1TWh over 2017.

For fiscal 2019, EDF targets EBITDA in a range of 15.3 billion euros to 16.0 billion euros.

EDF's Board of Directors decided to propose to the ordinary shareholders' meeting the payment of a dividend of 0.31 euros per share for 2018.

For comments and feedback contact: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Shares of Worldpay, Inc. were gaining around 12 percent in London after the eCommerce and payments technology company announced its agreement to be merged with FIS, a U.S. financial services technology company. The combination of stock and cash values Worldpay at an enterprise value of approximately $43 billion, including the assumption of Worldpay debt. Germany's two biggest lenders, Deutsche Bank (DB) and Commerzbank (CRZBY.PK) Sunday confirmed they are in discussions to potential merge. France's National Council of Clerks or NCC, the representative entity of commercial courts' clerks, has successfully deployed an IBM blockchain network, to streamline the management of commercial and corporate registry. The move is expected to improve management of legal transactions related to the companies, and bring better transparency and efficiency.
Follow RTT