EDF saw its profits drop by €3.2 billion last year, down to €15.2 billion, despite increased electricity production and exports. The company is grappling with falling domestic prices and surging costs for nuclear power plant construction.
At a time when investment is critical, EDF must pay around €2 billion in dividends to the state—the first such payment in a decade. It also faces a new corporate tax on companies with revenues over €3 billion, adding another €480 million in expenses. Meanwhile, its net financial debt remains largely unchanged at €54.3 billion.
Plans are underway for six EPR 2 reactors alongside necessary grid infrastructure upgrades, but cost assessments and funding sources are still undecided. A final investment decision on these projects is expected in the second half of 2026.