Engie reported an encouraging set of results for the first half, showing an acceleration of organic growth during the second quarter after the weak Q1. H1 revenues rose by 1.6% to €33.1bn (+2.6% org.). EBITDA was flat at €5.0bn (+4.0% org.), while net recurring income amounted to €1.5bn, a 4.2% increase (+15.5% org.). The group continued to improve its financial structure with a net debt reduction of €2.1bn ytd (corresponding to €22.7bn in net debt) on the back of the
31 Jul 2017
Accelerating organic growth in Q2, guidance confirmed
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Accelerating organic growth in Q2, guidance confirmed
ENGIE SA. (ENGI:WBO) | 0 0 1.4% | Mkt Cap: 30,916m
- Published:
31 Jul 2017 -
Author:
Juan Camilo Rodriguez -
Pages:
3
Engie reported an encouraging set of results for the first half, showing an acceleration of organic growth during the second quarter after the weak Q1. H1 revenues rose by 1.6% to €33.1bn (+2.6% org.). EBITDA was flat at €5.0bn (+4.0% org.), while net recurring income amounted to €1.5bn, a 4.2% increase (+15.5% org.). The group continued to improve its financial structure with a net debt reduction of €2.1bn ytd (corresponding to €22.7bn in net debt) on the back of the