Energy price volatility: Impact on Française de l'Énergie

Française de l'Énergie (FDE) is facing the impact of volatile energy prices on its hedging positions for fiscal year 2026. The company reported a negative impact of €3.8 million on its income statement and cash flow due to unwound transactions. The mark-to-market of positions open as of June 30, 2026, is estimated at -€6.7 million.

Despite these challenges, the group's activities and financial commitments remain intact. FDE has implemented a plan to strengthen risk management, notably through a review of delegations and risk limits.

The group's strategic trajectory and development projects, particularly in France and Norway, are continuing as planned. FDE affirms its commitment to maintaining strict discipline in its risk management to maximize the value of its assets.