Slide 1: Financial Information as of March 31, 2018
FINANCIAL INFORMATION AS OF MARCH 31, 2018
Slide 2: Key Messages
KEY MESSAGES Q1 IN LINE WITH EXPECTATIONS STRONG ORGANIC EBITDA GROWTH NET DEBT FURTHER REDUCED FY 2018 GUIDANCE CONFIRMED FINANCIAL INFORMATION AS OF MARCH 31, 2018 2
Slide 3: Results in Line with Expectations
RESULTS IN LINE WITH EXPECTATIONS In €bn ∆ ∆ Actual Gross Organic Q1 RESULTS EBITDA 3.2 +3.0% +6.0% COI(1) 2.2 +3.1% +5.7% NET DEBT 19.4 -3.1bn vs year-end 2017 CFFO(2) 1.5 -0.9 GROSS CAPEX(3) 1.8 +0.8 Full year guidance confirmed (1) Including share in net income of associates (2) Cash Flow From Op
Slide 4: Strong EBITDA Performance Despite Timing Effect in Networks
STRONG EBITDA PERFORMANCE DESPITE TIMING EFFECT IN NETWORKS EBITDA(1) FY 2018 In €bn, unaudited figures YoY Outlook NON-CORE SOLD +2% 0.89 -12% +18% 0.91 Client solutions B2C B2B & B2T 1.39 -3% 1.35 Networks +12% 0.80 Generation - RES 0.71 & thermal contracted 0.3 0.3 Generation - 0.26 +37% 0.35 Mer
Slide 5: Key Operational Developments
KEY MESSAGES & OPERATIONAL UPDATE KEY OPERATIONAL DEVELOPMENTS GENERATION – RES & CLIENT THERMAL CONTRACTED NETWORKS SOLUTIONS Acceleration in Renewables Increasing exposure Strong commercial dynamic to regulated revenues >1GW to be installed in 2018 New gas storage regulation 24mn B2C customer cont
Slide 6: Strong Organic EBITDA Growth
STRONG ORGANIC EBITDA GROWTH In €bn +6% 3.1 (0.09) +0.18 3.2 3.0 FX & Scope Organic FX: (0.10) Scope: +0.01 EBITDA EBITDA EBITDA Q1 2017 Q1 2017 Q1 2018 Restated EBITDA 2017 FX - Scope Point de passage low co2 EBITDA 2018 By reportable segment(1) NORTH AMERICA LATIN AMERICA AFRICA/ASIA BEN
Slide 7: Strong EBITDA Performance Despite Timing Effect in Networks
STRONG EBITDA PERFORMANCE DESPITE TIMING EFFECT IN NETWORKS EBITDA(1) In €bn, unaudited figures NON-CORE SOLD Temperature +2% B2B services margins 0.91 -12% +18% France B2C gas margins (cost Client solutions B2C B2B & B2T increase not yet passed through) Temperature 1.35 -3% French and Rom
Slide 8: CFFO: Normalization of Change in WCR
CFFO: NORMALIZATION OF CHANGE IN WCR In €bn 2.5 0.1 (1.1) Operating Cash Flow 0.1 0.05 1.5 Interests Delta Taxes paid & CFFO WCR paid others Q1 * Temperature CFFO 2017 * Timing Q1 * Margin calls 2018 FINANCIAL INFORMATION AS OF MARCH 31, 2018 8
Slide 9: Strong Financial Structure Despite Lower CFFO
STRONG FINANCIAL STRUCTURE DESPITE LOWER CFFO In €bn FURTHER DECREASE IN NET DEBT AND COST OF GROSS DEBT 22.5 (1.5) 1.8 (2.6) 0.2 (1.0) 19.4 CFFO Gross Disposals Dividends Others Capex (Hybrids) Net Net Debt Debt 12.17 03.18 Cost of gross debt 2.63% 2.53% IMPROVING LEVERAGE RATIOS 4.0 3.8(2) 3.6(2)
Slide 10: Conclusion
CONCLUSION KEY TAKE-AWAYS FY 2018 guidance confirmed Q1 2018 highlighting strong organic performance 2017 final dividend of 0.35€/share to be paid on May 24, 2018 FINANCIAL INFORMATION AS OF MARCH 31, 2018 10
Slide 11: Additional Material
ee CNGIC ADDITIONAL MATERIAL
Slide 12: Outright Power Generation in Europe Nuclear & Hydro
OUTRIGHT POWER GENERATION IN EUROPE NUCLEAR & HYDRO In €/MWh and % OUTRIGHT HEDGES: PRICES & VOLUMES 39 37 33 34 89% 4% 29% ~100% 67% 2018 2019 2020 2021 As of 03/31/18 Belgium, France FINANCIAL INFORMATION AS OF MARCH 31, 2018 12
Slide 13: Staying Well Ahead of Schedule on Transformation Plan
STAYING WELL AHEAD OF SCHEDULE ON TRANSFORMATION PLAN 2016-18 target €14.3bn(1) €11.6bn invested GROWTH Capex (o/w €1bn +€2.8bn committed innovation/ Focus on growth engines & value creation 100% digital) PORTFOLIO €15bn(2) €11.6bn closed ROTATION (net debt +€1.6bn signed ~90% reduction) Reduce expo
Slide 14: €1.8 bn Growth Capex on Core Strengths
€1.8 BN GROWTH CAPEX ON CORE STRENGTHS BREAKDOWN BY NATURE GROWTH CAPEX BY METIERS In €bn 14% Generation – Merchant Generation – RES & thermal contracted 45% 0.7 Client €1.4bn(1) Solutions o/w 29% Renewables 28% Development 0.5 13% Networks 0.7 MAIN PROJECTS In €bn Financial 0.1 NorAm - Infinity ~0.
Slide 15: Disclaimer
Disclaimer Forward-Looking statements This communication contains forward-looking information and statements. These statements include financial projections, synergies, cost-savings and estimates, statements regarding plans, objectives, savings, expectations and benefits from the transactions and ex
Slide 16: For More Information About ENGIE
FOR MORE INFORMATION ABOUT ENGIE Ticker: ENGI +33 1 44 22 66 29 ir@engie.com http://www.engie.com/en/investors-area/ Download the new ENGIE Investor relations app! FOR MORE INFORMATION ABOUT Q1 2018 RESULTS: http://www.engie.com/en/investors/results/results-2018/ FINANCIAL INFORMATION AS OF MARCH 31