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

ELECTRICITÉ DE FRANCE (EDF)
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EDF Wins 3 French Offshore Wind-Farm Tenders -Report

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04/06/2012 | 10:14am CET

French state-controlled power group Electricite de France SA (>> EDF) has won three of the five offshore wind-farm tenders held by the French government, while rival GDF Suez SA (>> GDF SUEZ) didn't win any bid, French daily Le Figaro reports Friday, without citing sources.

The government was expected to publish the results of the bids Friday.

EDF won the offshore wind-farm projects of Courselles-sur-Mer and Fecamp, in Normandy, as well as the Nazaire project on the western coast of France.

EDF is part of a consortium that includes French engineering firm Alstom SA (>> ALSTOM), which designed the windmill prototype that EDF plans to install on the farms.

A fourth project off the coast of Britanny, in the north-west of the country, was won by Spain's Iberdrola SA (>> Iberdrola SA), while the fifth project tender, for which GDF Suez had bid, has been declared unsuccessful, Le Figaro also reports.

Newspaper website: http://www.lefigaro.fr

-By Paris Bureau, Dow Jones Newswires; 33-1-4017 1740

Stocks mentioned in the article : EDF, GDF SUEZ, ALSTOM, Iberdrola SA
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Financials (€)
Sales 2017 68 931 M
EBIT 2017 5 885 M
Net income 2017 2 193 M
Debt 2017 40 194 M
Yield 2017 3,39%
P/E ratio 2017 13,51
P/E ratio 2018 15,21
EV / Sales 2017 1,04x
EV / Sales 2018 1,06x
Capitalization 31 299 M
Chart ELECTRICITÉ DE FRANCE
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Electricité de France Technical Analysis Chart | EDF | FR0010242511 | 4-Traders
Technical analysis trends ELECTRICITÉ DE FRANCE
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Mean consensus HOLD
Number of Analysts 22
Average target price 10,6 €
Spread / Average Target -2,3%
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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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