- Q2 Net -£39M v £64M y/y, Rev £652M v £722M y/y
- Q1 total output 22.7TWH
- To start 5 reactors by end of 2008
- H1 nuclear output 19.2 TWH v 27.8 TWH y/y
- Sees 2008/09 plant investment forecast at £305M
- Sees 2009/10 plant investment forecast at £280M
- Incurs BCU modification costs of £125M

Other headlines for [BGY.UK]

• EDF.FR Today 12:45pm
  Electricite de France S&P cuts EDF S.A. to A+ from AA-- British Energy rating raised to BBB- - these actions follow the merger
  
• Yesterday 01:11am
  Citigroup Analysts raise Financial and Utility sector to Neutral; ED raised to buy from hold, price target $42
  
• EDF.FR 1/7/2009 08:45pm
  Electricite de France Scottish & Southern Energy may bid for the two power stations that the company is expected to sell - London Times- The assets are expected to be sold following the merger between EDF and British more...
  
• 1/6/2009 02:56am
  Credit Suisse analysts cut Utilities sector to benchmark from overweight
  
• EDF.FR 1/6/2009 02:13am
  Electricite de France CEO: We are open to selling stakes in planned UK reactors - FT reports- Cites interview with CEO Gadonneix - EDF is still in talks to sell 25% of British Energy Group to Centrica at the same price more...
  

Energy sector headlines

• OII Today 04:13pm
  Oceaneering International Guides ROV fleet utilization in mid- to high 80% range, 2008 earnings +10% y/y - filing- Expects ROV fleet utilization rate during the 4th quarter of 2008 will be in the mid to high 80% range, and more...
  
• PCX Today 04:05pm
  Patriot Coal, Inc. To cut jobs, implements prior plans to close Jupiter mine, citing market conditions- The Company announced on September 29, 2008, its intention to idle the Jupiter thermal coal facility. - In more...
  
• TMR Today 02:02pm
  Meridian Resource Corp. Names Chairman Paul Ching interim CEO
  
• EDF.FR Today 12:45pm
  Electricite de France S&P cuts EDF S.A. to A+ from AA-- British Energy rating raised to BBB- - these actions follow the merger
  
• Today 11:56am
  Deutsche Bank lowers Q1 oil price forecast to $45 from $55, expects bottom of market at year's end (timing uncertain)