JOURNAL ARTICLE

Engie First-Half Profit Falls 19% on Lower Nuclear, Hydro Output.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: de Beaupuy, Francois 3 of 3

Abstract

The article focuses on the financial performance of French energy supplier Engie SA, which reported a 19% decline in first-half profit due to lower prices, reduced market volatility, and decreased nuclear and hydropower generation. Net recurring income fell to €3.1 billion ($3.54 billion) from €3.8 billion the previous year, although the company maintained its full-year targets despite economic uncertainties. Contributing factors included the permanent shutdown of the Doel 1 reactor in Belgium and weaker hydro output in France. Engie is actively investing in renewable energy sources and has formed a joint venture with the Belgian government to extend the operation of the country's remaining nuclear reactors. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/08, pN.PAG
  • Document Type:Article
  • Subject Area:Power and Energy
  • Publication Date:2025
  • Accession Number:187095539
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