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  • Previous Rank78
  • Revenues ($M)$83,202
  • Revenue Percent Change-13.9%
  • Profits ($M)$1,317
  • Profits Percent Change-73.2%
  • Assets ($M)$302,986
  • Employees156,312

Électricité de France is a French national oil and gas company that is majority-owned by the country’s government. With $83.2 billion in sales in 2015 and a diverse portfolio of energy operations across the world, the company is currently at a crossroads. Also one of the biggest coal traders in the world, it plans to to sell €10 billion in assets by 2020 as it shifts its investments from fossil fuel to nuclear and renewable energy projects. Low wholesale electricity prices in Europe hurt the company’s sales and stock price in 2015, and in March 2016 Thomas Piquemal, its chief financial officer, resigned in protest over the company’s plans to finance an £18 billion U.K. nuclear project.

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Company Information

CEO
Jean-Bernard Lévy
Sector
Energy
Industry
Utilities
HQ Location
Paris, France
Employees156,312
Websitehttp://www.edf.fr
Years on Global 500 List22
Figures prepared in accordance with International Accounting Standards. Government owned 50% or more.

Électricité de France Rank History

Key Financials (last fiscal year)

($ Millions)% change
Revenues ($M)$83,202-13.9%
Profits ($M)$1,317-73.2%
Assets ($M)$302,986-
Total Stockholder Equity ($M)$37,744-

Profit Ratios

Profit as % of Revenues1.6%
Profits as % of Assets0.4%
Profits as % of Stockholder Equity3.5%