French utility EDF withdraws financial targets for 2020 and 2021
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PARIS (Reuters) - French state-controlled utility EDF withdrew its financial targets for 2020 and 2021 on Tuesday as the economic turmoil caused by the coronavirus pandemic impacted key areas of its business.EDF said it was pulling all financial targets, including the lower end of its core earnings (EBITDA) forecast range of 17.5 billion euros ($19 billion) in 2020."The economic turmoil that follows from the current sanitary crisis results in a drop in power demand and significantly impacts..