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Engie: details impact of Belgian nuclear power plants

(CercleFinance.com) - Following the conference last Monday, Engie has given some details on the impacts and technical aspects of the unavailability of Belgian nuclear plants.


The group also confirmed all the details of its 2018 targets: the recurrent net income, group share (at the bottom of a range of 2.45 billion to 2.65 billion euros), along with net debt/EBITDA ratio and its dividend.

It should be noted that the Group also indicated that its EBITDA would be slightly lower than its forecast provided on 8 March 2018.

"These objectives include the revision of the schedule for the unavailability of the Tihange 2 and Tihange 3 nuclear units on September 21, which represents an impact of approximately 250 million euros at
Group EBITDA and net recurring income group share." management said.



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