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via finance.yahoo.comBusiness & Companies

Engie: strong Q3 momentum lifts guidance to upper end

FROM THE WIRE · FINANCE.YAHOO.COM

This article first appeared on GuruFocus. EBIT (excl. Nuclear): EUR7 billion, up 9.7% year-on-year; up 3.3% organically; Q3 up 10.9% organically. UK Power Networks Contribution: EUR452 million EBIT over five months. Performance Improvements: EUR406 million at nine months (over…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA raised guidance supports earnings expectations for a large energy group.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01EBIT excluding nuclear rose 9.7% year on year to EUR7 billion.
  2. 02Cash flow from operations was EUR7.5 billion versus EUR11.4 billion last year.
  3. 03CapEx was EUR26 billion, including the UK Power Networks acquisition.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Engie S.A.ENGI.PAStock24.01 EURMarket closedtoday -0.25%Positive Engie S.A.ENGIYStock26.88 USDMarket closedtoday -0.85%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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