EDF Sees Boost In Profits, More Growth Expected

The world's largest nuclear generator posted better than expected profits for 2009 and says 2010 will be even better. Electricité de France SA, or EDF, reported 2009 profits of $23 billion, a 12 percent boost that was fueled mainly by its acquisition of British Energy, the U.K. nuclear operator.

Chief Executive Officer Henri Proglio told a group of reporters today in Paris that reactor availability must increase by 1.5 to 2 percentage points...

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