ENGIE SA Confirms Strong 2024 Outlook and Expansion
Company Announcements

ENGIE SA Confirms Strong 2024 Outlook and Expansion

Engie SA (FR:ENGI) has released an update.

ENGIE SA reports a strong start to 2024 with a 3.7 billion euros EBIT, driven by growth in renewables and the launch of the largest battery storage system in Latin America. The company confirms its 2024 full-year guidance, expecting a net recurring income of 4.2 to 4.8 billion euros, and continues to execute its strategic plan, including the expansion of biomethane capacity in Europe.

For further insights into FR:ENGI stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks European Auto-Generated NewsdeskEngie SA Shares and Voting Rights Update
TheFlyEngie SA price target raised to EUR 19 from EUR 18 at Morgan Stanley
TheFlyEngie SA initiated with a Buy at Jefferies
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App