Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Euronext Paris  >  Electricité de France    EDF   FR0010242511

ELECTRICITÉ DE FRANCE

(EDF)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

France's EDF expects six new nuclear reactors to cost 46 billion euros: Le Monde

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/09/2019 | 05:33am EST
FILE PHOTO: Employees of France's EDF energy company attend a demonstration against the announced

French power utility EDF estimates it would cost at least 46 billion euros ($51 billion) to build six of its latest generation EPR nuclear reactors if the government decides to build them, French newspaper Le Monde reported on Saturday.

The estimate was in a confidential document presented to the board of state-controlled EDF at the end of July, it said.

EDF declined to comment when contacted by Reuters.

Each reactor would cost 7.5 billion to 7.8 billion euros, based on building the reactors in pairs with financing over about 20 years, Le Monde reported.

The EPR model is the latest generation reactor being built by EDF, with complex engineering and enhanced safety features put in place after the Fukushima nuclear meltdown in Japan.

However, the Flamanville EPR reactor under construction in northern France has been plagued by cost overruns and a series of technical problems resulting in years of delays.

EDF, in which the state has an 84% stake, said in October the project which began in 2006 would cost 1.5 billion euros more than previously expected, raising the total cost to 12.4 billion euros.

(Reporting by Leigh Thomas; Editing by Edmund Blair)

Stocks mentioned in the article
ChangeLast1st jan.
ELECTRICITÉ DE FRANCE -1.07% 9.11 Real-time Quote.-33.32%
ENGIE 0.25% 14.285 Real-time Quote.13.77%
TOKYO ELECTRIC POWER COMPANY HOLDINGS, INCORPORATED -1.37% 503 End-of-day quote.-22.85%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ELECTRICITÉ DE FRANCE
07:09aELECTRICITE DE FRANCE : EDF wants new-model nuclear reactor to be competitive wi..
RE
05:48aCanadian pension scheme CDPQ earmarks more cash for infrastructure
RE
05:19aELECTRICITE DE FRANCE : EDF says restart of Cruas reactors could be delayed furt..
RE
11/11ELECTRICITÉ DE FRANCE S.A. : quaterly sales release
11/11ELECTRICITE DE FRANCE : EDF Outlines Plans for Six New Nuclear Reactors in Franc..
DJ
11/09FRANCE'S EDF EXPECTS SIX NEW NUCLEAR : Le Monde
RE
11/08ENGIE : Fined $44.6 Million Over Nord Stream 2 Pipeline
DJ
11/08Poland's anti-monopoly body fines France's Engie over Nord Stream 2
RE
11/04UNITED KINGDOM : EDF Group accelerates its development of battery storage and el..
PU
11/04ELECTRICITE DE FRANCE : France's EDF buys UK electric vehicle infrastructure fir..
RE
More news
Financials (EUR)
Sales 2019 71 105 M
EBIT 2019 6 517 M
Net income 2019 2 817 M
Debt 2019 40 069 M
Yield 2019 3,62%
P/E ratio 2019 11,3x
P/E ratio 2020 11,0x
EV / Sales2019 0,96x
EV / Sales2020 0,98x
Capitalization 28 187 M
Chart ELECTRICITÉ DE FRANCE
Duration : Period :
Electricité de France Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ELECTRICITÉ DE FRANCE
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 18
Average target price 13,41  €
Last Close Price 9,25  €
Spread / Highest target 116%
Spread / Average Target 44,9%
Spread / Lowest Target 0,54%
EPS Revisions
Managers
NameTitle
Jean-Bernard Lévy Chairman & Chief Executive Officer
Xavier Rene Louise Girre Senior Executive Vice President-Group Finance
Christophe Salomon Head-Information Systems
Jacky Chorin Director
Jean-Paul Rignac Director
Sector and Competitors
1st jan.Capitalization (M$)
ELECTRICITÉ DE FRANCE-33.32%31 208
SEMPRA ENERGY31.56%40 373
NATIONAL GRID PLC16.12%40 215
ENGIE13.77%39 794
ORSTED AS39.59%35 923
E.ON SE3.88%26 002