EDF profits rise 4.6pc as renewable energy replaces nuclear

EDF saw profits rise 4.6pc in the first half of the year as growth in renewable energy offset lower nuclear output.

The French state-controlled utility said that it also saw an 8.2pc jump in sales to €36.2bn (£28.2bn). For the January-to-June period, net income was €2.8bn.

The results pushed the company's shares up 1. ... Read full article