The group, in the process of being complete, said, however, targeting a clear recovery of its results for 2023.
MO12345LEMONDE with AFP
The year 2022 was black for EDF, marked by a low availability of its nuclear fleet and its forced contribution to the “price shield” of the French. Friday, January 17, the group published unrivaled figures for the exercise of the past year: 17.9 billion euros in loss. Its financial debt is also increased to 64.5 billion euros
– Another historic level.
Its turnover increased by 70 %, to 143.5 billion euros, pulled by the increase in energy prices, but the group passes in red with a very heavy net loss, against a A benefit of 5.1 billion in 2021. With the general outbreak of electricity prices, EDF has seen many French customers return, but the operating room has suffered from golden prices to cover their needs.
a production which should straighten in 2023
The Chairman and CEO of the group, Luc Rémont, however declared Thursday at a conference call that EDF was aimed for 2023 an EBITDA (profit before interest, taxes, depreciation and amortization) “significantly higher” to that of 2021, thanks in particular to the rebound in production and high prices.
“Despite a strong increase in turnover, supported by electricity and gas prices, EBITDA is strongly penalized by the drop in nuclear production as well as the exceptional regulatory measures implemented in France For 2022, under difficult market conditions. “
The leader of the group in the process of complete renationalization, on the other hand confirmed “the nuclear production range from 300 to 330 terawatt hours [in 2023], a gradual exit from the crisis of corrosion under constraint” noted on Portions of pipes, which had stopped a number of reactors since the end of 2021.
EDF, which saw the production of its French nuclear fleet drop by 23 %, to 279.0 terawatt hours in 2022, due, in particular, of corrosion problems of certain reactors, confirmed that it should recover in 2023, at a level between 300 and 330 terawattheures.