ENGIE Reports Strong Q1 2025 Performance Amid Strategic Growth

Engie ( (ENGIY) ) has released its Q1 earnings. Here is a breakdown of the information Engie presented to its investors.

ENGIE is a global energy company focused on accelerating the transition towards a carbon-neutral economy, operating across the entire energy value chain including renewable electricity, green gas production, and energy infrastructure. In its latest earnings report for Q1 2025, ENGIE reported a solid start to the year with strong operational and financial performance, confirming its guidance for the full year. The company highlighted robust activity in renewables with 8.5 GW under construction and strategic acquisitions in Brazil and the UK.

Key financial metrics showed a revenue increase to €23.3 billion, up 5.6% from the previous year, and an EBIT excluding nuclear of €3.7 billion, reflecting an organic growth of 2.1%. The company maintained a solid balance sheet, with economic net debt reduced by €1.8 billion and a net debt/EBITDA ratio of 3.0x. Strategic moves included the acquisition of renewable assets and the divestment of certain gas and desalination assets in the Middle East and Pakistan, aligning with its net-zero target by 2045.

ENGIE’s infrastructure sector saw significant growth, with a 68.8% organic increase in EBIT from network activities, driven by higher tariffs and increased volumes. However, the renewable and gas generation sectors faced challenges due to lower volumes and captured prices. Despite these challenges, ENGIE’s diversified portfolio and strategic initiatives position it well for continued growth.

Looking ahead, ENGIE remains confident in its growth strategy and has confirmed its full-year guidance, expecting net recurring income in the range of €4.4-5.0 billion. The company continues to focus on expanding its renewable capacity and enhancing its infrastructure capabilities to support the global energy transition.