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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 CET

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 william.horobin@wsj.com

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Financials (€)
Sales 2017 70 042 M
EBIT 2017 5 779 M
Net income 2017 2 258 M
Debt 2017 44 356 M
Yield 2017 4,68%
P/E ratio 2017 8,63
P/E ratio 2018 10,53
EV / Sales 2017 0,93x
EV / Sales 2018 0,94x
Capitalization 21 030 M
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Number of Analysts 17
Average target price 9,08 €
Spread / Average Target 18%
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Jean-Bernard Lévy Chairman & Chief Executive Officer
Xavier Girre Senior Executive Vice President-Group Finance
Bruno Lafont Independent Director
Jacky Chorin Director
Jean-Paul Rignac Director
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