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Edf: 2012 profit +5,3%, one billion savings plan launched

Turnover increased last year by 11,4% – For 2013, the French electricity giant that controls Edison has announced the launch of a savings plan of one billion euros called "Spark" and has indicated as a new objective growth organic of the Editda between zero and 3% (excluding Edison)

Edf: 2012 profit +5,3%, one billion savings plan launched

EDF recorded a net profit of 2012 billion euro in 3,3, an increase of 5,3% compared to the previous year, on a turnover of 72,7 billion (+11,4%). Ebitda improved by 7,7% to 16,1 billion. The proposed dividend is 1,25 euro per share, equal to a payout of 55% of current net income, which in 2102 totaled 4,2 billion (+17%). 

For 2013, the French electricity giant that controls Edison has announced the launch of a savings plan of one billion euros called "Spark" and has indicated as a new objective an organic growth of the Editda between zero and 3% (excluding Edison), after giving up last September on the previous target of an increase of 4-6% per year on average for 2015. 

For Edison, Editda's prospects are “in line with 2013, with a possible fluctuation in results between 2013 and 2014 due to the renegotiation of gas procurement contracts”. The indications for the entire Edf group for 2013 also include the stabilization of net investments at 12 billion euros and the forecast of a payout between 55% and 65% of the current net result.

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