Aller au contenu
EDF France
Accédez à tous les sites EDF depuis ce menu
EDF France

You are :

Residential
Businesses
Local authorities
EDF join us Join us
The EDF Group Discover our activities

Sites in France

  • Corsica
  • French Guiana
  • Guadeloupe
  • Martinique
  • Réunion
  • Saint-Pierre and Miquelon

Sites worldwide

  • Africa
  • Asia
  • Belgium
  • Germany
  • Italia
  • Middle East
  • North and South America
  • Russia
  • United Kingdom
  • FR
  • Tous les contacts Médias
  • Tous les contacts Finance
  • Découvrez la carte de nos implantations

I already have an account

Register

I do not have an account

Create my Account
Go back
You are here :
  1. EDF.fr
  2. Groupe EDF
  3. Espaces dédiés
  4. Journalistes
  5. Tous les communiqués de presse
  6. Half-year 2013 results up
30 Jul 2013

Half-year 2013 results up

PDF 354.38 KB
  • Partager cette page par email
Finance

Good operating performance
New renegotiations of gas contracts concluded by Edison in July
2013 Group EBITDA targets raised

• EBITDA: €9.7 billion, +6.9% of which 6% organic growth
• Net income excluding non-recurring items: €3.1 billion, +3.8%
• Net income – Group share: €2.9 billion, +3.5%
• Edison: new renegotiations on Algerian and Qatari gas contracts in July 2013
• Spark: €360 million in cost savings, in line with 2013 projections
• Net financial debt/EBITDA: 2x vs. 2.4x(1) at 31 December 2012 
 
2013 operating performance targets raised 
• Group EBITDA: at least 3% in organic growth excluding Edison
• Edison EBITDA: around €1 billion 
 
Financial targets reiterated 
• Net financial debt/EBITDA: between 2x and 2.5x
• Payout ratio: 55% - 65% of net income excluding non-recurring items 
 
EDF’s Board of Directors met on 29 July 2013 under the chairmanship of Henri Proglio and approved the condensed consolidated financial statements for the half-year ending on 30 June 2013. 
 
Henri Proglio, Chairman and CEO of EDF said: “The first half-year 2013 was marked by good operating performance, which resulted from investments made in the past several years, particularly in the nuclear fleet and networks in France. This performance is reflected in the increase in financial results, which have also been boosted by successful renegotiations of Edison’s long-term gas contracts in Italy. Our major industrial projects also reached milestones during the period, with the reactor dome being installed on the Flamanville EPR plant and the inauguration of the Rizzanese dam in Corsica. In addition to these major investments contributing to French industry and employment, the Group is making its contribution to the collective effort with its cost savings plan totaling €1 billion in 2013.” 

(1) Pro forma after allocation of the CSPE deficit to dedicated assets on 13 February 2013 and subtraction of €2.4bn from dedicated assets portfolio, enabling 100% coverage of the EDF nuclear liabilities that are eligible for dedicated assets

Finance

Contacts

Analysts and investors

Phone: +33 (0) 1 40 42 40 38

Carole TRIVI

Phone: +33 (0) 1 40 42 44 19

Back to top
EDF
  • Sitemap
  • Legal notices
  • Cookies
  • Credits

Energy is our future, save it !
©2021 EDF