Company Profile For Electricite de France S.A.

Electricite de France S.A. (EDF.PA) (Paris Stock Exchange)

sector: Utilities · industry: Utilities - Electric ·

As of 23 Nov 2009

39.19EUR

Price Change

+0.38

Percent Change

+0.98%

Analyst Recommendations

Overview

Electricite de Strasbourg SA is a France-based electricity distributor engaged in two principal activities: managing the network and selling energy and services. Managing the network involves building, developing, maintaining and renewing the electricity network of more than 13,000 kilometers. The selling energy and services division comprises services related to the sale, promotion and advice on handling energy. These are aimed at individuals, professionals, enterprises and collectivities. The Company serves 408 communities in Bas-Rhin region of France. Electricite de Strasbourg SA operates through three subsidiaries: wholly owned ES Developpement Durable SAS and S1 SAS, as well as Fipares SA. The Company is a subsidiary of Eletricite de France.

Quick Financial Synopsis

BRIEF: For the six months ended 30 June 2009, Electricite de France SA's total revenue increased 8% to EUR34.9B. Net income for the period remained flat at EUR3.12B. Total revenue reflects an increase in demand for the Company products and services in France, United Kingdom and Germany. Net income for the period was partially offset by increased personnel expenses as well as higher interest expense.