GDF Suez Warns 2014 Profit to Be in Lower Forecast Range
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GDF Suez SA, operator of Europe’s biggest natural-gas network, said its first-half profit dropped 13 percent and warned the outage of two Belgian nuclear reactors and reduced heating demand may weigh on full-year earnings.
While the utility confirmed 2014 financial targets, Courbevoie, France-based GDF Suez said these may be changed in the second half depending on what happens with the Belgium generators.