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4-Traders Homepage  >  Equities  >  Euronext Paris  >  E.D.F.    EDF   FR0010242511

E.D.F. (EDF)

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EDF : France Preparing to Extend Lifetime of Nuclear Plants - Report

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10/13/2013 | 03:33pm CEST

The French government is preparing to authorize Electricite de France SA (EDF.FR) to extend the lifetime of its 58 nuclear reactors in France, the weekly Journal du Dimanche reports Sunday.

The decision has already been taken to extend the lifetime of the reactors to 50 years from 40, but the government is waiting for the right moment to announce it, the newspaper reports, citing one source close to the government.

Another source, described as close to the ecology ministry, is reported saying the decision on whether to extend will be taken by the end of the year.

An EDF spokeswoman declined to comment Sunday. The ecology ministry could not be immediately reached for comment.

Newspaper website: www.lesjdd.fr

Write to William Horobin at [email protected]

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Financials (€)
Sales 2017 69 321 M
EBIT 2017 5 808 M
Net income 2017 2 336 M
Debt 2017 41 971 M
Yield 2017 3,80%
P/E ratio 2017 11,45
P/E ratio 2018 12,84
EV / Sales 2017 0,99x
EV / Sales 2018 1,01x
Capitalization 26 360 M
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Mean consensus HOLD
Number of Analysts 20
Average target price 9,12 €
Spread / Average Target -5,2%
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Jean-Bernard Lévy Chairman & Chief Executive Officer
Xavier Girre Senior Executive Vice President-Group Finance
Bruno Lafont Independent Director
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Jean-Paul Rignac Director
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