Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Euronext Paris  >  Engie S.A.    ENGI   FR0010208488

ENGIE S.A. (ENGI)

Real-time Quote. Real-time Tradegate - 08/24 08:02:26 pm
14.305 EUR   -0.45%
08/23 Suitors vie for $1.5 billion Pakistani K-Electric stake
08/20 Suitors vie for $1.5 billion Pakistani K-Electric stake
08/19 2 Chinese Firms Vie for 66% Equities in K-Electric
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

GDF Suez to Give up Effective Control of Suez Environnement- Report

share with twitter share with LinkedIn share with facebook
share via e-mail
0
12/05/2012 | 02:59pm CEST

French power company GDF Suez SA (>> GDF SUEZ) won't renew a shareholder pact giving it effective control of waste and water management company Suez Environnement(>> SUEZ ENVIRONNEMENT), a decision enabling it trim debt from its books, La Tribune reports Wednesday.

GDF Suez is likely to announce it won't renew a pact binding its 35.7% stake in Suez Environnement with the minority stakes of Belgian billionaire Albert Frere, state-owned financial company Caisse des Depots et Consignations, Areva (>> AREVA), CNP Assurances (>> CNP ASSURANCES) and Sofina (>> SOFINA). The total stake held under the shareholder pact is 48.4%, La Tribune reports on its website, citing unidentified sources.

Through the operation, GDF Suez would exclude the full debt load of Suez Environnement in its accounts. As a result, it would reduce its debt load by 5 billion euros ($6.5 billion), says the report.

The pact comes up for renewal in July. Officials at GDF Suez declined to comment.

At 1338 GMT, GDF shares were down 0.06% at EUR17.43, and at 1340 GMT, shares of Suez Environnement were up 1.47% at EUR8.58.

Newspaper website: www.latribune.fr

Write to Inti Landauro at inti.landauro@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stocks mentioned in the article : GDF SUEZ, SUEZ ENVIRONNEMENT, SOFINA, AREVA, CNP ASSURANCES
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ENGIE S.A.
08/23 Suitors vie for $1.5 billion Pakistani K-Electric stake
08/20 Suitors vie for $1.5 billion Pakistani K-Electric stake
08/19 2 Chinese Firms Vie for 66% Equities in K-Electric
08/18 ENGIE S A : Poland blocks joint venture for Nord Stream-2 gas project
08/18 ENGIE S A : Joint declaration of engie, gazprom, omv, shell, uniper, wintershall..
08/18 ENGIE S A : Deal done for expansion land as go-ahead is given for large 'phase f..
08/16 ENGIE S A : BASF - Joint Press Release of Engie, Gazprom, OMV, Shell, Uniper, Wi..
08/16 ENGIE IN THE USA : working towards decarbonized energy
08/16 ENGIE S A : Joint declaration of ENGIE, GAZPROM, OMV, SHELL, UNIPER,…
08/16DJFaroe Petroleum Says Drilling Begins at Njord North Flank-2 Well
More news
Sector news : Multiline Utilities
04:25aDJCustomers Pull Contracts for Spectra Pipeline Effort
03:11aDJCustomers Pull Contracts for Spectra Pipeline Effort After Massachusetts Ruli..
02:59aDJBig Customers Abandon Spectra Pipeline Project After Massachusetts Court Ruli..
08/23DJOfgem Rejects National Grid Call to Recover Extra Costs under Drax Contract
08/23 NATIONAL GRID : Britain's National Grid cancels emergency power reserve tender
More sector news : Multiline Utilities
News from SeekingAlpha
2015 Cheniere to sell liquefied natural gas to Engie
2015 Suez Is In A Growth Business But Is Too French
2015 EDF - Cover Your Short For Now On Areva Deal, But Long Term Prefer Engie
2015 SHORT EDF/ LONG ENGIE : Why Investors Should Prefer Commodities Over Politics
2015 Electricite De France SA Is Still A Sell On The News
Advertisement
Financials (€)
Sales 2016 68 448 M
EBIT 2016 6 200 M
Net income 2016 2 536 M
Debt 2016 27 253 M
Yield 2016 6,96%
P/E ratio 2016 13,94
P/E ratio 2017 13,96
EV / Sales 2016 0,91x
EV / Sales 2017 0,90x
Capitalization 34 995 M
More Financials
Chart ENGIE S.A.
Duration : Period :
Engie S.A. Technical Analysis Chart | ENGI | FR0010208488 | 4-Traders
Full-screen chart
Technical analysis trends ENGIE S.A.
Short TermMid-TermLong Term
TrendsBearishBullishNeutral
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 23
Average target price 16,6 €
Spread / Average Target 15%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Isabelle Kocher Chief Executive Officer & Director
Gérard Mestrallet Chairman
Judith Hartmann Chief Financial Officer & Executive Vice President
Raphaël Schoentgen Director-Research & Technology
Anne-Marie Mourer Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
ENGIE S.A.-12.74%39 506
NATIONAL GRID PLC14.77%53 375
SEMPRA ENERGY13.68%26 696
E.D.F.-16.83%25 659
PPL CORP3.31%23 910
CHEUNG KONG INFRASTRUC..-5.87%23 042
More Results