EDF in forte calo : ha comunicato dati di bilancio ?
BUZZ-EDF slips as shelved reform overshadows 'very large' H1 beat
29/07/2021 10:39 RSF
** Shares in EDF (
EDF.EQ) fall over 2% as uncertainty over the French power group's reform takes centre stage after the government shelved an ambitious overhaul plan (
news)
** EDF's CEO expects talks between France and the European Commission to resume after the summer break (
news)
** EDF posted a strong beat in its H1 earnings, with EBITDA up over 29% to 10.6 billion euros ($12.58 billion), helped by gradual economic recovery as COVID-19 restrictions eased
** "Clearly the postponement of the Hercule project to after the elections is likely to take most of the market attention today," says JP Morgan. "Still, this is a very large beat to company held consensus"
** EDF's good performance should help "rip off the band aid"
of the reform project and help the market focus on the 50% power prices increase YTD, it adds
** Today's losses have wiped 951 million euros off the company's market value