EDF's UK profits soar after electricity price hikes

EDF's UK profits soar after electricity price hikes

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French energy giant EDF's UK arm returned to profit in 2022, boosted by it being able to sell the electricity it generated for a higher price. The firm's underlying profit before one off items - EBITDA - was £1.12bn, compared with a loss of £21m in 2021. However, its UK energy supply arm lost more…

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