EDF, Areva: 2006 trading results

In 2006, EDF achieved a turnover of 58.9 billion euros, it means a 15.4% increase compared to the previous year. The EDF's policy has been to decrease its debts by 3.7 billion euros to reach 14.9 billion euros and to invest 3.8 billion euros in France and 2.1 billion euros abroad. 2.8 billion euros have been affected to the dismantlement of nuclear facilities. The EDF company achieved a net trading result of 4.2 billion euros (+47.3%). The agreement signed between EDF and the French government imposes that the electricity tariffs do not increase above the inflation rate from 2006 till 2020. In 2006, the Areva group achieved a turnover of 10.863 billion euros (+7.3%) despite the important financial reserve imposed by the delay in the construction of the EPR reactor in Finland. The trading result has decreased by 26.1% to reach 407 million euros. On the 31. december 2006 the order book reached 25.627 billion euros (+24.6%). (A.C.)