Engie released a set of FY18 figures fully in line with estimates, supported by the group’s three main pillars: Networks, Client Solutions and Renewables, all posting good organic EBITDA growth. The CEO and CFO provided a set of 2021 operational and financial targets broadly in line with expectations, with no structural change to Engie’s current strategy. Management guided for a 7-9% EPS CAGR over 2019-2021 and set a dividend payout at 65-75%.
28 Feb 2019
FY18 results, 2021 targets in line
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FY18 results, 2021 targets in line
ENGIE SA. (ENGI:WBO) | 0 0 1.4% | Mkt Cap: 30,916m
- Published:
28 Feb 2019 -
Author:
Edouard Enault -
Pages:
3
Engie released a set of FY18 figures fully in line with estimates, supported by the group’s three main pillars: Networks, Client Solutions and Renewables, all posting good organic EBITDA growth. The CEO and CFO provided a set of 2021 operational and financial targets broadly in line with expectations, with no structural change to Engie’s current strategy. Management guided for a 7-9% EPS CAGR over 2019-2021 and set a dividend payout at 65-75%.