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ENGI Engie

15.19
-0.025 (-0.16%)
03 May 2024 - Closed
Delayed by 15 minutes
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
  -0.025 -0.16% 15.19 15.15 15.28 15.38 15.135 15.215 4,693,159 16:40:00

Engie Nine-Month Operating Income, Revenue Fell Amid Pandemic

13/11/2020 7:36am

Dow Jones News


Engie (EU:ENGI)
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From May 2019 to May 2024

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By Cecilia Butini and Mauro Orru

 

Engie SA said Friday that operating income fell for the first nine months of the year fell as it took a one-billion euro ($1.18 billion) hit from the coronavirus pandemic.

The French utility company said nine-month current operating income decreased to 2.75 billion euros ($3.25 billion) from EUR3.82 billion in the first nine months of 2019.

Earnings before interest, taxes, depreciation, and amortization for the period slipped to EUR6.22 billion from EUR7.15 billion.

Revenue fell to EUR39.62 billion from EUR43.30 billion.

Engie said it continues to expect 2020 net recurring income between EUR1.7 billion and EUR1.9 billion and capital expenditure between EUR7.5 billion and EUR8 billion.

 

Write to Cecilia Butini at cecilia.butini@wsj.com and Mauro Orru at mauro.orru@wsj.com; @MauroOrru94

 

(END) Dow Jones Newswires

November 13, 2020 02:21 ET (07:21 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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