Report
Louis Boujard, CFA ...
  • Philippe Ourpatian

Engie : Yet another dose of exogenous risk

>Clap of thunder in a cloudy sky - Engie had already had a difficult day on the stock market on Friday with an underperformance of 2% vs its index which itself struggled (-1% vs the market). The source of this poor performance is to be found in rumours concerning the taxation of supposed excess profits which has been debated at the National Assembly for a number of weeks with the guiding principles expected to be announced mid-June. After the poor results for his part...
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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