Earnings release
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ENGIE Strong execution of the strategic plan 10 November 2021 ENGIE financial information for the period ending 30 September 2021 Very strong 9M performance ; FY 2021 guidance¹ upgraded Business highlights • Entered exclusive negotiations with Bouygues for the sale of 100 % of EQUANS for an enterprise value of € 7.1 billion Portfolio growth with 1.8 GW of Renewables capacity commissioned , 3.9 GW under construction 9M Financial Performance • • • • • Start of commercial operation for 1,000 km Gralha Azul power line in Brazil High availability of Belgian Nuclear at 92 % • • • Further progress on coal exit with disposal of Jorge Lacerda in Brazil • Significant growth in EBIT to € 4.1bn , up 57 % organically EBIT supported by robust performance and favourable external tailwinds Strong cash flow generation , up € 1.0bn to € 5.3bn € 2.9bn growth Capex to accelerate transition to Net Zero Solid balance sheet and credit metrics Performance plan on track for 2021 full year target of € 0.1bn EBIT contribution FY 2021 NRIgs guidance upgraded to € 3.0-3.2bn based on indicative 2021 EBITDA range of € 10.8 to € 11.2bn and EBIT range of € 6.1 to € 6.5bn Key 9M financial figures as of 30 September 20212 In € billion Revenue EBITDA EBIT Cash Flow From Operations³ Net financial debt 09/30/2021 09/30/2020 A 2021/20 gross A 2021/20 organic 46.9 39.6 + 18.3 % + 20.6 % 7.6 6.2 + 22.7 % + 26.7 % 4.1 2.8 + 49.6 % + 57.5 % 5.3 4.3 + 21.9 % 25.2 € + 2.7bn vs. 12/31/2020 Catherine MacGregor , CEO , said : " I'm very pleased to report another quarter of strong performance , continuing the trend since the start of the year while benefitting notably from favourable tailwinds . We have maintained our focus on robust operational performance , notably for our nuclear generation , we have increased production from renewables , and recovered significantly from last year's Covid impacts . The recent announcement on EQUANS is a major milestone that further demonstrates ENGIE's consistent focus and strong ability to execute on the strategic plan , which is aimed at simplifying the Group and accelerating growth in our core businesses , notably in Renewables , where we target to reach 50 GW by 2025. " N.B. Footnotes are on page 6 . ENGIE CORPORATE HEADQUARTERS Tour T1 - 1 place Samuel de Champlain - Faubourg de l'Arche - 92930 Paris La Défense cedex - France ENGIE - SA WITH CAPITAL OF EUR 2,435,285,011 - RCS NANTERRE 542 107 651 - Tel .: +33 ( 0 ) 1 44 22 00 00 engie.com