Report
Louis Boujard, CFA ...
  • Philippe Ourpatian

Engie : Upward revision of 2023 guidance

>Positive performance from GEMS - On Friday, Engie announced that it had revised up its guidance for 2023. Recurring attributable net profit is now anticipated at between € 4.7bn and € 5.3bn, whilst it was previously in the upper half of the range of € 3.4bn and € 4.0bn. With regards to EBIT excluding nuclear, this is now in the indicative range of € 8.5bn to € 9.5bn (vs the high end of the range of € 6.6-7.6bn previously). This upward revision is principally linked ...
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

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