Stock Analysis

Engie Full Year 2024 Earnings: Misses Expectations

Simply Wall St

Published March 02, 2025

Engie (EPA:ENGI) Full Year 2024 Results

Key Financial Results

Revenue: €73.8b (down 11% from FY 2023).
Net income: €4.03b (up 89% from FY 2023).
Profit margin: 5.5% (up from 2.6% in FY 2023). The increase in margin was driven by lower expenses.
EPS: €1.66 (up from €0.88 in FY 2023).

ENXTPA:ENGI Revenue and Expenses Breakdown March 2nd 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

Engie Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 9.3%. Earnings per share (EPS) also missed analyst estimates by 23%.

The primary driver behind last 12 months revenue was the Others segment contributing a total revenue of €36.4b (49% of total revenue). Notably, cost of sales worth €49.4b amounted to 67% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to €8.85b (43% of total expenses). Explore how ENGI's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 2.8% growth forecast for the Integrated Utilities industry in Europe.

Performance of the market in France.

The company's shares are up 7.4% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Engie (1 shouldn't be ignored) you should be aware of.

Valuation is complex, but we're here to simplify it.

Discover if Engie might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.