Engie reports 11% fall in nine-month earnings
PARIS, Nov 7 (Reuters) -French utility Engie ENGIE.PA said on Thursday its nine-month earnings fell 11% from a year earlier, as higher hydropower and renewable energy output failed to fully offset lower income from its gas trading business.
The company reported nine-month earnings before interest and tax (EBIT), excluding nuclear, of 7.1 billion euros ($7.63 billion), down from 8 billion euros a year ago.
The company confirmed its guidance and said full-year net recurring income would be at the higher end of between 5 billion and 5.6 billion euros.
($1 = 0.9308 euros)
Reporting by Forrest Crellin; Editing by Himani Sarkar
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