The French group’s global performance was up year on year, with a 6.5 per cent rise in group Ebitda to euro 17.3 billion, with further modest growth of between 0 and 3 per cent predicted this year.
EDF chairman and chief executive Jean-Bernard Levy said: “2014 was a good year for EDF, which achieved solid operating and financial results, with, in particular, an excellent showing by low-carbon energies.”
EDF cited as highlights 415.9TWh nuclear output in France; an all-time low on French carbon emissions, at 17 g/kWh; and 2.2GW of renewable energy capacity under construction.
It has proposed a 2014 dividend of euro 1.25 per share in cash, equivalent to a 52 per cent payout ratio.
Identifying challenges for the year ahead, EDF highlighted the finalisation of negotiations over Hinkley Point C, with a final investment decision due in 2015.