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EDF Full-year Profit Rises - Quick Facts

French utility group EDF (EDFEF.PK) reported full-year 2012 net income - Group share of 3.32 billion euros, higher than 3.15 billion euros a year ago.

On a per share basis, earnings improved to 1.80 euros from 1.70 euros per share in the prior year.

Net income, excluding non-recurring items, was 4.22 billion euros for the recent year.

Earnings before interest, tax, depreciation and amortization, or EBITDA: improved 7.7 percent to 16.08 billion euros. Organic growth was 4.6 percent. The company said it has restated its prior-year results.

Annual sales grew 11.4 percent to 72.73 billion euros. Organic growth was 5.8 percent.

In full-year 2013, the Group aims to deliver EBITDA between 0% and 3% organic growth excluding Edison.

The board has also proposed a dividend of 1.25 euros per share for the financial year.

by RTTNews Staff Writer

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