EDF predicts a profit return in 2023 due to rebounding nuclear output and high energy prices in Europe.

EDF, the French electric utility firm, announced a return to profit in 2023, marking a reversal from a record loss in 2022. The company benefited from rebounding nuclear output and historically high energy prices in Europe. The strong operational performance was notably due to a significant increase in nuclear power generation in France.

February 16, 2024
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