ENGIE (EPA:ENGI) - ENGIE - Temperature effect in France Q1 2019

Transparency directive : regulatory news

23/04/2019 19:26

TEMPERATURE EFFECT IN FRANCE
Q1 2019

With a cold Q1 2018 and a warm Q1 2019, the temperature effect in France will
have a negative year-on-year volume impact on EBITDA / current operating income
for the French supply activities (geographical segment "France" - business line
"Supply" in the new reporting matrix) and for the French gas distribution
networks activities (geographical segment "France" - business line "Networks").

EBITDA / COI(1) SENSITIVITY
Supply: ~±EUR10m / TWh
Networks: ~±EUR7m / TWh

2019 3M & 2018 3M
2019  Supply: -2.5 TWh - Networks: -5.6 TWh

Q1

WARMER

Supply       -2.5
Networks     -5.6

2018  Supply: +2.0 TWh - Networks: +4.4 TWh

Q1

COOLER

Supply       +2.0
Networks     +4.4

(1) Current operating income, incl. share in net income of entities accounted
for using the equity method

Disclaimer

Forward-Looking statements

This communication contains forward-looking information and statements. These
statements include financial projections, synergies, cost-savings and
estimates, statements regarding plans, objectives, savings, expectations and
benefits from the transactions and expectations with respect to future
operations, products and services, and statements regarding future performance.
Although the management of ENGIE believes that the expectations reflected in
such forward-looking statements are reasonable, investors and holders of ENGIE
securities are cautioned that forward-looking information and statements are
not guarantees of future performances and are subject to various risks and
uncertainties, many of which are difficult to predict and generally beyond the
control of ENGIE , that could cause actual results, developments, synergies,
savings and benefits to differ materially from those expressed in, or implied
or projected by, the forward-looking information and statements. These risks
and uncertainties include those discussed or identified in the public filings
made by ENGIE with the Autorité des Marchés Financiers (AMF), including those
listed under "facteurs de risque" (risk factors) section in the Document de
Référence filed by ENGIE (ex GDF SUEZ) with the AMF on March 20, 2019 (under
no: D.19-0177). Investors and holders of ENGIE securities should consider that
the occurrence of some or all of these risks may have a material adverse effect
on ENGIE.

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Ticker: ENGI

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FOR MORE INFORMATION ABOUT 2018 RESULTS:
http://www.engie.com/en/investors/results/results-2018/

ENGIE 2019

source : webdisclosure.com

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ENGIE (EPA:ENGI) - ENGIE - Temperature effect in France Q1 2019

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