Electricite de France (EDF)
Électricité de France S.A. (EDF; Electricity of France) is a French energy company majority-owned by the French government.
The company has a diversified portfolio of generating capacities spanning Europe, South America, North America, Asia, the Middle East and Africa, with a total capacity in excess of 120 GW.
EDF was the biggest energy producer in the world for 2009. In 2011, it generated 22% of all the EU's electricity, most of which was produced by the company's nuclear power plants.
Electricity generation by fuel:
64.3% – nuclear;
12.3% – renewable energy sources (of which 4.6% hydropower);
8.6% – natural gas;
14.5% – coal;
0.3% – other
EDF's 58 operating nuclear reactors (in France) are spread across 20 separate sites (nuclear power stations).
The company has its headquarters in Paris (France) and its CEO
is Jean-Bernard Levy.
Ratings
Fitch Ratings affirmed Électricité de France S.A.'s "A-" long-term issuer rating (2016) with a stable outlook.
S&P Global Ratings affirmed Électricité de France S.A.'s "A-" long-term issuer rating (2017) with a negative outlook.
Meanwhile, Moody's gave the company an "A3" long-term issuer rating (2016) with a stable outlook.
Shares in Électricité de France S.A.
In 2018, the company's shares rose by 32.44%. Between 2015 and 2017, they fell by 52.7%. However, this decline was entirely confined to 2015. In 2016, its share price actually registered a 7.6% increase. Their 2018 peak was 15.78 euro per share, while the lowest unit share price recorded for the same year was 10.02 euros.
Earnings
The company's 2018 results indicate revenue in the amount of 69 billion euros (1% decline on 2017). However, revenue is forecast to grow by 5% in 2019 to reach 72.19 billion euros. In 2018, earnings per share stood at 0.42 euros, but this figure could rise to 0.72 in 2019.