Engie's operating income declines in Q1 amid lower margins

lesechos.fr (French)

Engie's operating income fell 8.4% in the first quarter due to lower margins, despite confirming its annual target. B2B gas and electricity sales saw a 29.4% organic decrease in EBIT. Revenue dropped 11.6% to 20.6 billion euros. The company cited normalizing conditions and a strong comparison base from the previous year.


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Engie's operating income declines in Q1 amid lower margins | News Minimalist