Falling electricity prices drive nineteen percent drop in annual profit for French utility EDF
The French utility saw earnings fall to 29.3 billion euros despite record nuclear output. Lower market prices and a UK project impairment weighed on results.
Insights:
EDF reported a 19% drop in core profit (EBITDA) for 2025, falling to €29.3 billion from €36.5 billion the previous year. The decline in earnings was primarily driven by lower year-ahead power prices that reduced income from the company’s nuclear and hydropower generation assets. These results, released today for the 2025 fiscal year, highlight the impact of market price volatility on the utility’s financial performance.
