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Engie Lifts 2025 Outlook as Cash Flow Stays Strong
Yahoo Finance· 2025-11-06 07:00
Engie said it expects its 2025 net recurring income to reach the upper end of its €4.4–€5.0 billion target range, after reporting strong cash generation and steady operational progress over the first nine months of the year. Cash flow from operations rose to €11.4 billion, with EBIT excluding nuclear activities standing at €6.3 billion, down 7.3% on an organic basis, reflecting lower power prices and weaker hydrology. The company reaffirmed that EBIT excluding nuclear is expected in the upper half of the € ...