Good financial performance in 2019, guidance achieved

By ENGIE - 27 February 2020 - 09:27

Good financial performance, guidance achieved. In 2019, ENGIE continued to pursue its strategic focus on the energy transition.

Key elements:

  • 2019 net recurring income Group share guidance achieved;
  • EUR 0.80 dividend per share to be proposed at the General Shareholders Meeting (+ 7% vs. 2018);
  • 2020 net recurring income Group share expected to be between EUR 2.7 bn - EUR 2.9  bn.
2019 financial results

Judith Hartmann, Executive Vice President, Chief Finance Officer : 

             “In 2019, the Group reported good financial performance. 2019 saw a range of activity enhancing the Group’s growth profile.“    

In 2020, new set of Corporate Social Responsibility objectives 

Convinced that Corporate Social Responsibility is one of the success criteria for its future, ENGIE has adopted a new set of objectives to be met by 2030 (extensive list of 19 objectives), aligned to the United Nations Sustainable Development Goals.
Among these objectives, 3 key objectives will be integrated in a recurring reporting given the large role they play in moving ENGIE forward:

  • 43 Mt reduced by 2030 of Green House Gases emission from production of electricity (for 80 Mt in 2019). ENGIE submitted this target to the SBTi (Science Based Targets initiative) and received certification in early February 2020; 
  • 50 % of women in the management of the Group (for 24% in 2019), through internal promotions and external recruitments;
  • 58 % of renewable energy share in the power production capacity mix in 2030, (for 28% in 2019).