Engie : Capacity for resilience warmly welcomed
>Good 2023 figures in line with expectations - Engie’s results, reported yesterday, were consistent with expectations. EBITDA excl. nuclear came in at € 13.7bn (+12.3%) vs € 13.873bn forecast. Operating profit excl. nuclear showed organic growth of 18.3% to € 9.479bn vs € 9.556bn, in line with the guidance (€ 9.0-10.0bn). By division, the group posted excellent results in renewable energies, with growth of 19.5% to € 2.005bn, beating our € 1.974bn forecast. The netwo...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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