Quarterly financial information - First quarter 2012 sales
First quarter 2012 sales: €20.8 billion, +6.5% organic growth
2012 targets and 2011-2015(1) financial outlook confirmed by the Group
Henri Proglio, Chairman and CEO of EDF, stated: “First quarter growth in our sales is due to a solid performance by the nuclear fleet in France, on which basis we are confirming our 2012 output target of between 420 and 425 TWh. This result was achieved by mobilising all our means of production during the cold snap, and in particular a significant improvement in hydropower output, despite unfavourable weather conditions. The first quarter also featured the strengthening of the Group in renewable energies and gas, through the three French offshore wind energy calls for tenders won, and the finalisation of the Edison takeover, which makes EDF a major power generator in Italy. This country is set to become EDF’s gas platform and its base of development in the Mediterranean region.”
(1) Excluding the potential impact of Edison PPA
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