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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Engie | EU:ENGI | Euronext | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.065 | -0.40% | 16.02 | 16.015 | 16.02 | 16.10 | 15.98 | 16.10 | 2,480,703 | 15:57:11 |
From Apr 2019 to Apr 2024
By Nathan Allen
Engie SA (ENGI.FR) said Friday that its first-half net profit dropped, due largely to a loss booked on its discontinued upstream and midstream LNG business.
Net profit for the first half was 938 million euros ($1.10 billion) compared with EUR1.28 billion a year earlier, while revenue was almost flat at EUR30.18 billion compared with a restated figure of EUR30.16 billion a year earlier, Engie said.
Engie said revenue growth took a hit from adverse currency effects, which were mostly offset by a sharp increase in renewable power generation in France and Brazil.
The group confirmed its guidance for the year and said it would continue to pursue its strategic overhaul, which aims to reduce exposure to commodities prices and reduce the company's carbon footprint.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
July 27, 2018 02:20 ET (06:20 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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