DividendsEngie is seen as a compelling defensive play with an attractive dividend profile, underpinned by visible earnings and typical utility growth, expected to help gain valuation closer to long-term sector averages.
EarningsEngie's impressive update shows a more convincing equity story with visible earnings and manageable overhangs, which can drive further investor interest and re-rating to peers.
ManagementThe company's management is best-in-class and is delivering on a remarkable turnaround story, which supports the achievement of Engie's 2027 guidance.