EDF Warns on Profit After Plant Suspension Is Extended - News Summed Up

EDF Warns on Profit After Plant Suspension Is Extended


PARIS—State-controlled power utility Electricite de France SA issued a profit warning for the second time in less than two months after nuclear-plant outages were extended by the regulator, weighing on the company’s share price. EDF late Thursday said it now expects earnings before interest, taxes, depreciation and amortization of between €16 billion ($17.8 billion) and €16.3 billion. The company originally had forecast a range of...


Source: Wall Street Journal November 04, 2016 11:05 UTC



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