On Thursday, the energy company unveiled strong results and raised its annual goals. Employees will be paid an exceptional bonus of € 1,500.
Engie is continuing her momentum. This Thursday, the energy company raised its targets for the year 2022 after increasing results in the third quarter, driven by high energy prices and the growth of most of its activities.
The group’s recurring net profit (excluding exceptional items) is now expected to be between € 4.9 and € 5.5 billion, indicates the energy company, which has seen its turnover jump more than 85% in nine months, to 69.3 billion euros. Its operating profit (Ebit) was 7.3 billion, up by 84.4%.
Exceptional bonus of 1500 euros to employees
“An exceptional bonus of 1,500 euros will be awarded to every employee of the Group worldwide,” the group further specifies. in a press release.
“Our financial situation allows us to contribute to crisis management through the mobilization of our money, government profit-sharing mechanisms, as well as support systems for our customers,” said CEO Catherine MacGregor. In particular, Engie intends to pay bonuses to its cheaper customers.
“Engie has achieved its results in unprecedented market conditions and continues to play an important role in security of supply,” he added.
“Confident” in its ability to deliver
The main gas supplier in France also said it was “confident” in its supply capacity for the coming winter, without Russian gas. Engie, of which the French State holds almost 24%, continued to reduce its exposure to the volumes previously purchased by Gazprom, to a level that is now “epsilonesco” in the words of Pierre-François Riolacci, Deputy Chief Financial Officer, CSR and Purchasing .
“For the winter of 2023-24, the group remains confident that the additional volumes contracted through new sources of supply, including liquefied natural gas, together with an expected decrease in demand, will help replace the need for gas from Russia and reach the storage levels required, “the release reads.
