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4-Traders Homepage  >  Equities  >  Euronext Paris  >  Electricité de France    EDF   FR0010242511

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EDF : French Nuclear Body : Level 1 Incident At Flamanville's Plant

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10/25/2012 | 02:45pm CET

By Geraldine Amiel

PARIS--A leak at the reactor No. 1 of Electricite de France SA's (EDF.FR) Flamanville plant late Wednesday didn't trigger any environmental damage or threatened the health of any employee, the French nuclear safety regulator Autorite de Surete Nucleaire said Thursday.

The ASN defined it as a level 1 incident on the International Nuclear Event Scale, that gauges the seriousness of any abnormal event at nuclear installations.

The reactor had been halted for maintenance and refueling since the end of July and was in the last stages of the restarting process when the leak occurred. It happened as an auxiliary circuit to the primary circuit was put back under pressure during a maintenance operation, the ASN explained.

The restarting process was stopped and the reactor put back on "cold halt" while the leak was addressed and stopped early Thursday, the ASN said, noting that there had been no radioactive contamination.

An investigation is underway into the incident, the ASN also said.

-Write to Geradine Amiel at [email protected]

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

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Financials (€)
Sales 2017 69 023 M
EBIT 2017 5 824 M
Net income 2017 2 265 M
Debt 2017 39 404 M
Yield 2017 3,49%
P/E ratio 2017 13,51
P/E ratio 2018 15,36
EV / Sales 2017 1,02x
EV / Sales 2018 1,05x
Capitalization 30 694 M
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Mean consensus HOLD
Number of Analysts 22
Average target price 11,1 €
Spread / Average Target 6,2%
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Managers
NameTitle
Jean-Bernard Lévy Chairman & Chief Executive Officer
Xavier Girre Senior Executive Vice President-Group Finance
Christophe Salomon Head-Information Systems
Bruno Lafont Independent Director
Jacky Chorin Director
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