Electricite de France (EU:EDF)
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By Giulia Petroni
Electricite de France SA (EDF.FR) said Thursday that revenue for the first nine months of the year rose and it backed its 2019 guidance.
The state-controlled French utility said revenue for the period ended Sept. 30 was 50.94 billion euros ($56.07 billion), up 2.9% on an organic basis compared with the year-earlier period.
The company partly attributed the rise to generation and supply activities in France and a strong performance in Belgium and Brazil.
Sales at EDF Renewables were EUR1.16 billion, up 1.4% in organic terms compared to the first nine months of 2018.
EDF confirmed its full-year outlook, saying it expects to generate earnings before interest, tax, depreciation and amortization in the range of EUR16.0 billion to EUR16.7 billion.
Write to Giulia Petroni at email@example.com
(END) Dow Jones Newswires
November 14, 2019 02:39 ET (07:39 GMT)
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