Engie First-Quarter Profit Falls on Currencies, Warm Weather

Updated on
  • French utility reiterates its forecast for full-year Ebitda
  • Benefit of cost cuts, reactor startups offset by real, prices

Engie SA, the French utility, said first-quarter earnings fell 1.7 percent as the weaker Brazilian real, a drop in oil and gas prices and warmer-than-average weather in France offset the restart of nuclear reactors in Belgium.

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