Financial Times FT.com

Pre-tax profits at British Energy fall 86%

By Rebecca Bream

Published: November 21 2008 02:36 | Last updated: November 21 2008 02:36

Pre-tax profits at British Energy fell 86 per cent in the six months ending September 28, reflecting lower power output from the nuclear group’s reactors.

Revenues fell from £1.39bn ($2.05bn) to £1.28bn ($1.89bn), on power output that was 26 per cent lower at 22.7 terawatt hours. Pre-tax profits fell from £407m to £58m.

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