Industrial accident
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EDF recorded a historic loss of 17.9 billion euros in 2022, widening its debt to a record level of 64.5 billion euros, at the end of a dark year weighed down in particular by the setbacks of its nuclear fleet.
A real industrial and financial accident. Not to say “nuclear”, because we do not joke with these things. EDF published this Friday, at the first hour, what will undoubtedly remain as one of the worst annual results in its history, since its creation in 1946 as a large public electricity service wanted by the National Council of Resistance . Weakened by the repeated failures of its fleet of 56 pressurized water reactors, the group announced for the 2022 financial year a stratospheric loss of 17.9 billion euros (compared to a profit of 5.1 billion in 2021), on a turnover, however, up 70%, to 143.5 billion euros, thanks to soaring energy prices triggered by Russian aggression in Ukraine. Debt has skyrocketed to more than 64.5 billion euros, against 43 billion in 2021, ruining all the efforts of the electrician in recent years to reduce this key counter scrutinized by its many creditors.
A very black table, which makes it possible to measure
