EDF: Sales for the first 9 months of 2011

Quarterly financial information
EDF: sales for the first 9 months of 2011 

  • Sales for the first 9 months of 2011: €47.2 billion, up 3.2% in organic growth 
  • Nuclear power generation in France: 315 TWh, up 5.4% compared to 9M 2010 
  • Nuclear power generation in the UK: 44 TWh, up 25.7% compared to 9M 2010 
  • Continuous improvement in the operational performance : 2011 French nuclear generation target revised upward to between 415 and 420 TWh and Kd between 79% and 80%, which offsets the decrease in hydropower generation 
  • Confirmation of 2011 financial guidance 
  • Framework agreement on Edison’s industrial and shareholding reorganisation
Henri Proglio, Chairman and CEO of EDF, said: “In France, the excellent performance of the nuclear fleet continued in the third quarter, enabling us to revise upwards the target range for 2011 nuclear generation to 415-420 TWh and the availability factor (Kd), which we are expecting to stand at 79-80%. The quarter was also marked by positive advances for the Group internationally. In the United Kingdom, where nuclear generation also increased markedly, the findings of the Weightman report underscored the high level of safety of our nuclear facilities. In China, the installation of the dome on the Taishan 1 EPR reactor was carried out successfully. Lastly, we reached an agreement with our Italian partners on the principles for
reorganising Edison’s shareholder structure and industrial business model”.

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