Engie 2018 Ebitda to Be Lower Than Guided Due to Delay in Nuclear Unit Restart
24 Septembre 2018 - 11:04AM
Dow Jones News
By Alice Dore
Engie SA (ENGI.FR) expects 2018 Ebitda to be slightly lower than
its previously guided range due to the delay in the restart date of
two nuclear units in Belgium, Chief Financial Officer Judith
Hartmann said in a conference call on Monday.
The French energy company had earlier set a range for 2018
earnings before interest, taxes, depreciation and amortization of
between 9.3 billion and 9.7 billion euros ($10.9 billion-$11.4
billion).
On Friday, Engie said it was delaying the restart date of its
Tihange 2 and Tihange 3 nuclear units in Belgium, and said it
expected net recurring income for 2018 at the lower end of its
guided range of between EUR2.45 billion and EUR2.65 billion.
Write to Alice Dore at adore@agefi.fr
This story was translated in whole or in part from a
French-language version initially published by L'Agefi, a partner
of Dow Jones & Co.
(END) Dow Jones Newswires
September 24, 2018 04:49 ET (08:49 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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