By Pietro Lombardi

Electricite de France SA has improved its earnings target for the year after raising its expectations for nuclear output in France.

The French energy company said Wednesday that it now targets earnings before interest, taxes, depreciation and amortization of more than 17.7 billion euros ($20.93 billion) for this year, having previously guided for an Ebitda of more than EUR17 billion.

Earlier this week, the company raised its nuclear output estimates in France.

Write to Pietro Lombardi at pietro.lombardi@wsj.com; @pietrolombard10

(END) Dow Jones Newswires

July 07, 2021 02:25 ET (06:25 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.