The French industrial group Engie is one of the world's leading energy companies. Apart from the oil sector, Engie is the third largest energy company in the world. The main shareholder of the group is the French state, which owns 24.64% of the share capital. Engie is the largest utility company in the world in terms of annual revenues.
Investing in Engie stock can be a great business opportunity, however, it is important to know as much as possible about it. This article will provide you with detailed historical, financial and stock market information about the company.
The Engie group was born from a merger between GDF (Gaz de France) and Suez in 2008. At the beginning, the group was known under the trade name GDF Suez. The current corporate name, Engie, was adopted in 2015.
In 2016, the company embarked on a major shift, focusing on energy transition and the digital sector. The changes made at management level enabled the company to launch an evolving industrial strategy.
With a turnover of more than sixty billion euros (2019), the company has more than 170,000 employees around the world on five continents. Listed on the three largest stock market indexes in Europe, namely the CAC40, BEL20 and Euronext100, Engie has a strong influence on the stock market.
Engie's main activity is the supply of energy and services to the general public. The group focuses on three main areas:
To facilitate energy transition, the Engie group has organized its structure around four business lines: thermal energy, large infrastructures, customer solutions, and finally renewable energy.
Here is a summary of the Engie group in a few figures:
Carefully analysing Engie’s financial situation will help you appreciate its stock market value. Stock market news also provides interesting information that can guide investment decisions. Below are summaries of Engie's financial situation over the past few years, as well as the most recent stock market data.
The group's financial statement announced a loss of more than one billion five hundred million euros in 2020. Engie's situation has plunged into the red this year due to many reasons, notably the health crisis causing the slowdown of activities and Belgium’s decision to exit the nuclear sector. As a result, the revenue achieved has seen a decline of around 7.2% compared to 2019, bringing it down to 55,751 billion euros against 60,058 billion in 2019.
The other striking fact about the group's financial situation is a regression in net income (group share) in the space of four years. The corresponding financial data from 2017 to 2020 (value in billions of euros) are as follows: 1.32, 1,033, a decrease of 22%, 0.84, a regression of 4% and -1,536.
Regardless, the board of directors anticipates a positive balance sheet for the coming years. 2019 cannot be a landmark year for the group. The announcement of a change in leadership in October 2020 was welcomed. The appointment of Catherine MacGregor as CEO was a new breath of life for Engie.
Listed on the Brussels, Luxembourg and Paris stock exchanges, the Engie group has a market capitalization of 23.57 billion euros (2020). The share price on 04 May 2021 is 12,558 euros on Euronext. Compared to the previous day's price, the share price has increased by 0.88%. On the stock exchange, the Group's situation remains stable and investors are confident despite the 2020 situation.
See below for the dividend per share situation for 2020, 2021 (p) and 2022 (p) :
Net dividend per share : €0.53, €0.71 and €0.77
Net earnings per share : €0.68, €0.99 and €1.06
Yields : 4.31%, 5.77% and 6.22