EDF has reported a sharp drop in UK earnings last year as it lost 200,000 customers to rivals amid a “highly competitive” market. EDF has reported a sharp drop in UK earnings last year as it lost 200,000 customers to rivals amid a “highly competitive” market. Sales came in at 8.97 billion euro (£7.9 billion), a rise of 3.9%. For the group as a whole, EDF reported an 11.1% rise in earnings to 15.3 billion euro (£13.5 billion) while sales jumped 6.3% to 68.9 billion euro (£60.6 billion). Net income plummeted 63% to 1.2 billion euro (£1 billion).

Source: Irish Independent February 15, 2019 08:26 UTC