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Home » Finance » Engie Reports 18% Increase in Q3 Earnings, Driven by Strong Renewable and Hydropower Performance
Finance

Engie Reports 18% Increase in Q3 Earnings, Driven by Strong Renewable and Hydropower Performance

By Benjamin DavisNovember 7, 20242 Mins Read
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Credit: Engie
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French utility Engie reported an 18% rise in third-quarter earnings, driven by robust renewable energy and hydropower output, alongside increased profits from investments and infrastructure. The company posted earnings before interest and tax (EBIT) of 1.47 billion euros ($1.58 billion) for the quarter, excluding nuclear. The renewables sector, which includes hydro, wind, and solar power,

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