Engie : Resilience confirmed
>H1 2022 results in line with our forecasts - On Friday, Engie reported H1 2022 results that were in line with our estimates. EBITDA was up 43% on an organic basis to € 7,480m, in line with our estimate of € 7,535m. EBIT showed significant organic growth of 73% on an organic basis to reach € 5,253m, versus ODDO BHF at € 5,201m. The good performance was driven by strong growth in all businesses, except for the Energy Solutions and Network segments, which showed a dete...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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