The company's shares rose by 0.57% to reach 21.07 euros. The French energy group Engie failed to meet expectations, with its third-quarter profit falling by 18%, affected by lower hydroelectric power generation and gas prices, despite an increase in gas sales volumes due to colder-than-usual weather. Gas generation profit fell by 12.8% year-on-year in the first nine months of 2025, despite an increase in volumes. 'Earnings before interest and taxes', excluding nuclear power, fell to 1.2 billion euros (1.4 billion dollars) from 1.47 billion euros in the same period last year, and was below analysts' forecasts of 1.4 billion euros.
Engie profit misses expectations due to lower hydro output
French energy group Engie reported a 18% drop in Q3 profit due to lower hydro output and gas prices, despite increased gas sales. Profit fell short of analyst forecasts.