Saturday, March 3, 2012

EdF reports slightly higher profit for 2007

French state-owned electricity giant Electricite de France SA on Wednesday reported a 0.2 percent rise in net profit for 2007.

EdF _ Europe's largest power utility by market value said net profit rose slightly to euro5.62 billion (US$8.29 billion), from euro5.6 billion in 2006.

On Feb. 13, the company reported a 1.2 percent rise in sales for 2007 despite a drop in net electricity sales in its home …

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