Engie SA’s stock price has seen a moderate increase, but the company’s long-term prospects are uncertain due to its reliance on fossil fuels and slow transition to renewable energy.
Engie SA’s first-quarter earnings report shows a 0.9% decrease in profit due to lower energy prices and reduced market volatility, but maintains its outlook for fiscal 2025 revenue growth.
Engie’s stock price has reached a 52-week high of 17.64 EUR, marking a significant milestone for the company as it navigates the evolving energy sector.