Engie SA (OTCPK:ENGIY)
$ 17.05 0.08 (0.47%) Market Cap: 41.36 Bil Enterprise Value: 79.77 Bil PE Ratio: 18.21 PB Ratio: 1.28 GF Score: 83/100

Q3 2021 Engie SA Corporate Sales Call Transcript

Nov 10, 2021 / 05:15PM GMT
Release Date Price: $14.89 (+0.81%)
Operator

For your information, this conference will be recorded.

Aarti Singhal
ENGIE SA - IR Director

I'd like to request, please, if you could limit your questions to 1 or 2 only. And with that, over to Catherine. Thank you.

Catherine MacGregor
ENGIE SA - CEO & Director

Thank you, Aarti, and good evening, everyone. I want to start today's presentation by highlighting the strong progress ENGIE has made on the execution of our strategic plan that we announced in May. This was a plan designed to build a strong foundation for long-term earnings growth and a sustainable dividend while maintaining a strong balance sheet for the group. As a reminder, under this plan, we are exiting noncore activities to build a simpler ENGIE. The disposal program is proceeding at pace, and the recent EQUANS announcement is indeed a major milestone, enabling ENGIE to reallocate capital into core activities and capture the many investment opportunities we see, particularly in renewables.

We are also working to enhance the efficiency

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