Engie: 9m current operating income up 9%
(CercleFinance.com) - Engie has posted 9m 2019 Current operating income of 3.
8 billion euros, up 9% and up 14% on an organic basis, with EBITDA of 7.1 billion euros, up 5% and up 7% on an organic basis.
Revenues amounted to 46.8 billion euros, up 8.8% and up 7.9% on an organic basis, mainly thanks to the performance of energy management services and favourable market conditions for its Global Energy Management (GEM) activities.
Engie has confirmed its 2019 guidance for net recurring income, group share (between 2.5 billion and 2.7 billion euros), with a net financial debt/EBITDA ratio (equal to or below 2.5x excluding the TAG acquisition).
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