Engie nine-month earnings down 11% on lower power, gas sales

Core Viewpoint - French utility Engie reported a decline in nine-month earnings by 11% compared to the previous year, primarily due to reduced hydropower production and lower gas prices, despite an increase in gas volumes sold due to colder-than-average weather [1] Financial Performance - Engie's nine-month earnings fell by 11% year-on-year [1] - The decrease in earnings was attributed to lower hydropower production and gas prices [1] Market Conditions - Colder-than-average weather contributed to an overall increase in gas volumes sold [1]