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Birmingham Post
Birmingham Post
Business
Henry Saker-Clark, PA Deputy Business Editor & Andrew Arthur

Energy giant EDF's profits up in the UK due to higher prices

Energy firm EDF has revealed that core profits in its UK business bounced higher as it charged more for the energy it produced.

The French state-backed utilities giant, said profits before tax, interest and one-off items lifted to £1.12bn for 2022 in the UK, following a loss of £21m in the previous year.

EDF, which is behind the Hinkley Point C nuclear power station in Somerset, said this was caused by “strong operational performance” across its nuclear fleet and increased prices.

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