- Engie’s EBIT, excluding nuclear operations, for the first half of the year is €5.10 billion, down 9.4% compared to the previous year.
- Total EBIT stands at €5.60 billion, marking a 12% decrease year-on-year.
- EBITDA is reported at €8.3 billion, which is a 6.7% decline from the previous year.
- Recurring net income comes in at €3.1 billion, showing an 18% decline against the previous year, missing the estimate of €3.14 billion.
- Revenue has increased by 1.4% year-on-year, totaling €38.07 billion.
- Net debt for the company is at €35.7 billion.
- Engie maintains its forecast for recurring net income to range between €4.4 billion and €5 billion, with an estimate at €4.72 billion.
- The company also continues to anticipate EBIT excluding nuclear operations to be between €8 billion and €9 billion, with an estimate of €8.73 billion.
A look at Engie SA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 4.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts at Smartkarma have assessed Engie SA using their Smart Scores system, which provides a holistic view of the company’s long-term prospects. With high scores in Dividend (5) and Growth (5), Engie is perceived favorably for its strong potential in generating dividends and its capacity for future expansion. Additionally, the company received a solid score in Momentum (4), indicating positive market momentum.
However, Engie scored lower in Value (3) and Resilience (3), suggesting that the company may not be currently undervalued and may have some vulnerability to market fluctuations. Despite this, Engie SA‘s overall outlook remains promising, given its diverse range of electricity, gas, and energy services worldwide.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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