EDF Energy has blamed a sharp decline in earnings in 2021 on spiralling wholesale gas costs, unplanned nuclear outages and the continuing impact of the pandemic. The supplier posted a loss in terms of earnings before interest, taxes, depreciation and amortisation (EBITDA) of £21 million in 2021, compared to a £712 million profit in 2020.
EDF Energy reports sharp decline in earnings as energy crisis bites
