ENGIE : A successful CMD. All that now remains to be done is to execute the plan
>Q1 results in line with expectations - Engie yesterday reported its Q1 2021 results in line with the consensus. EBITDA came in up 7.3% on an organic basis to € 3, 224m, vs € 3,180m and € 3,200m forecast by ODDO BHF and the consensus respectively. EBIT also reflected growth, +10% (on an organic basis) and came in at € 2,065m, vs € 2,035m forecast by ODDO BHF and € 2,074m by the consensus. Net debt was lower than expected at € 22.5bn (vs € 23.5bn forecast). The Q1 per...Engie is an industrial group, based in France, active in the fields of gas, electricity, energy services and the environment. Co. is an energy provider across the entire energy chain, in electricity and in natural gas, including: purchase, production and commercialization of natural gas and electricity; transport, distribution, management and development of major natural gas infrastructures; design and commercialization of energy services and environment-related services. Co.'s activities are conducted through five segments: Energy Europe, Energy International, Global Gas and LNG, Infrastructures, and Energy Services.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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