French energy conglomerate EDF reported a 26.3% drop in net profit in 2025, reaching €8.4 billion. The main reason for the weaker financial results, compared to the record year 2024, is a significant reduction in electricity prices on global markets. Despite increased production at nuclear power plants in France, the group had to face write-offs due to delays in the British Hinkley Point C project.

26 percent profit drop

EDF's net profit decreased to 8.4 billion euros due to lower energy prices on wholesale markets after the record year 2024.

Hinkley Point C problems

The conglomerate made a write-off of 2.5 billion euros on the British nuclear project due to delays and increased construction costs.

Production in France rises

Higher nuclear production in France partially neutralized the negative impact of exchange price drops on the financial result.

Investments in the British Isles

Despite a 12 percent drop in production in Great Britain, the conglomerate plans to invest 15 billion pounds there within three years.

French state-owned energy giant EDF (Électricité de France) published its financial report for 2025, indicating a clear slowdown after a record period the year before. The group's net profit amounted to €8.4 billion, a drop of over 26% compared to the €11.4 billion recorded in 2024. Although domestic nuclear energy production in France increased, the benefits were offset by low energy prices on exchanges and high operational costs related to foreign investments. The company's revenues shrank by 4.5%, reaching €113.3 billion. A significant burden on the company's balance sheet turned out to be problems in Great Britain. The conglomerate made a write-off of €2.5 billion related to delays in the construction of the Hinkley Point C nuclear power plant. This project faces technical difficulties in electromechanical works and a revision of future energy sales prices from the new reactors. At the same time, nuclear production on the British Isles fell by 12% due to prolonged maintenance work, particularly at the Sizewell B power plant. Nevertheless, EDF declared a plan to invest an additional £15 billion in the British market over the next three years. Since the 1970s, France has based its energy security on nuclear power, making it one of the largest energy exporters in Europe, but the aging infrastructure now requires enormous investments for modernization. Despite the deterioration in net results, the EBITDA (earnings before interest and taxes) indicator amounted to €29.3 billion, which management interprets as proof of the company's operational solidity. The company also managed to use cash flows for debt reduction, considered a key element of stabilization ahead of the challenges of 2026. Experts indicate that the coming months will be decisive for the French government's strategy regarding financing the construction of next-generation EPR2 reactors. „Despite lower market prices, EDF remains fundamentally strong thanks to stable nuclear production in France.” — Luc Rémont EDF Financial Results (2024-2025): Net Profit: €11.4 bn → €8.4 bn; Revenue: €118.6 bn → €113.3 bn; EBITDA: €36.5 bn → €29.3 bn

Mentioned People

  • Luc Rémont — Chairman and CEO of the EDF conglomerate