Report
Louis Boujard, CFA ...
  • Philippe Ourpatian

ENGIE : Un premier pas vers la fin de la décote

>La simplification stratégique soutient les perspectives - Engie a publié vendredi matin des résultats en ligne avec nos attentes et assortis d’une guidance prudente sur l’exercice 2020. Pour autant le titre a bien réagi grâce à l’annonce d’un plan stratégique cohérent qui semble être en mesure de réduire la décote du titre à l’avenir. Nous avons légèrement abaissé nos estimations sur 2020 (-2%) pour tenir compte de toutes les indications fournies sur la guidance mais...
Underlying
ENGIE SA.

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Louis Boujard, CFA

Philippe Ourpatian

Other Reports on these Companies
Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch