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

E.D.F. (EDF)

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

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10/25/2012 | 02:45pm CEST

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 geraldine.amiel@dowjones.com

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

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Financials (€)
Sales 2016 72 521 M
EBIT 2016 7 872 M
Net income 2016 3 332 M
Debt 2016 42 751 M
Yield 2016 8,35%
P/E ratio 2016 7,00
P/E ratio 2017 9,14
EV / Sales 2016 0,90x
EV / Sales 2017 0,89x
Capitalization 22 730 M
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Mean consensus HOLD
Number of Analysts 23
Average target price 12,0 €
Spread / Average Target 6,5%
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NameTitle
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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