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ENGIE SA Confirms Strong 2024 Outlook and Expansion

ENGIE SA Confirms Strong 2024 Outlook and Expansion

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

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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.

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