Engie posts transcript of H1 2026 results call
Reuters2026/08/03 15:01- Engie’s H1 2026 results call, attended by CEO Catherine MacGregor and CFO Pierre-François Riolacci, lifted full-year net recurring income guidance to EUR 4.9-5.5 billion.
- H1 net recurring income group share held at EUR 3 billion; EBIT excluding nuclear rose 3% to EUR 5.3 billion; economic net debt climbed to EUR 60 billion.
- UK Power Networks was fully consolidated from May; it added about EUR 180 million to H1 EBIT; economic net debt/EBITDA reached 4.2x.
- Management flagged progress on talks to transfer Belgian nuclear activities to the government, targeting heads of terms on Oct. 1; tax-rate guidance cut to 18%-22%.
- Data center push accelerated, with 7 GW of PPAs in place; co-siting pipeline expanded to 7 GW, including 4 GW classed as advanced-stage.
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