Slide 1: Financial Information as of March 31, 2017
FINANCIAL INFORMATION AS OF MARCH 31, 2017
Slide 2: Key Messages & Operational Update
KEY MESSAGES & OPERATIONAL UPDATE
Slide 3: Key Messages
KEY MESSAGES & OPERATIONAL UPDATE KEY MESSAGES Q1 in line with expectations Sound performance of growth engines Solid operational cash flow generation, net debt further reduced FY 2017 guidance confirmed Important operational successes and new milestones achieved in Group transformation FINANCIAL IN
Slide 4: 3M Results in Line with Expectations
KEY MESSAGES & OPERATIONAL UPDATE 3M RESULTS IN LINE WITH EXPECTATIONS March 31, March 31, Δ Δ March 31, March 31, In €bn In €bn 2017 2016 gross organic 2017 2016 CFFO(1) 2.5 1.4 REVENUES 19.5 18.9 +3.2% +3.1% GROSS CAPEX 1.3 1.4 24.8 EBITDA 3.3 3.5 -5.9% -3.6% NET DEBT 20.4 as of end 2016 NET 2.3x
Slide 5: Sound Performance of Growth Engines
KEY MESSAGES & OPERATIONAL UPDATE SOUND PERFORMANCE OF GROWTH ENGINES LOW CO2 POWER GLOBAL CUSTOMER GENERATION NETWORKS SOLUTIONS Renewables Thermal Gas & Power LNG Terminal Building District Gas & contracted networks & gas storage renovation Heating electricity & Cooling supply Current Operating
Slide 6: Key Operational Developments
KEY MESSAGES & OPERATIONAL UPDATE KEY OPERATIONAL DEVELOPMENTS LOW CO2 POWER GLOBAL CUSTOMER GENERATION NETWORKS SOLUTIONS Renewable acquisitions Ongoing acquisition of 100% B2C – La Compagnie du Vent of Elengy by GRTgaz – +200k clients in power in France – Unisun (30% equity investment) in Q1 (10%
Slide 7: Solid Momentum on Transformation Plan
KEY MESSAGES & OPERATIONAL UPDATE SOLID MOMENTUM ON TRANSFORMATION PLAN Redesign Pave the way Improve Adapt and simplify for the future efficiency the group the portfolio FINANCIAL INFORMATION AS OF MARCH 31, 2017 7
Slide 8: Financial Update
FINANCIAL UPDATE
Slide 9: Staying Ahead of Schedule on Transformation Plan
FINANCIAL UPDATE STAYING AHEAD OF SCHEDULE ON TRANSFORMATION PLAN 2016-18 TARGET €16bn €5.5bn invested GROWTH (o/w €1bn CAPEX innovation/ +~€7.0bn committed digital) Focus on growth engines & value creation 78% REDESIGN AND SIMPLIFY THE PORTFOLIO €15bn €7.6bn(1) closed PORTFOLIO (net debt ROTATION r
Slide 10: Q1 EBITDA Evolution in Line with Expectations
FINANCIAL UPDATE Q1 EBITDA EVOLUTION IN LINE WITH EXPECTATIONS In €bn 3.5 (0.0) +0.1 (0.1) 0.0 (0.2) 3.3 +0.05 +0.0 Nuclear FX Scope tax Prices Volumes Lean Others Mainly BRL o/w o/w 2018 Europe thermal COD EBITDA EBITDA generation Temperature March 31 March 31 Power international in France
Slide 11: Non-Linear Earnings Trajectory in 2017
FINANCIAL UPDATE NON-LINEAR EARNINGS TRAJECTORY IN 2017 Current Operating Income LOW CO2 POWER GLOBAL CUSTOMER MERCHANT GENERATION NETWORKS SOLUTIONS E&P vol. E&P vol. Nuclear vol. France Nuclear vol. Gas supply hydro = Q1 Q2-Q4 Q1 Q2-Q4 Q1 Q2-Q4 Q1 Q2-Q4 2016 2017 2016 2017 2016 201
Slide 12: Strong Financial Structure
FINANCIAL UPDATE STRONG FINANCIAL STRUCTURE Strong operational cash flow generation – Higher CFFO YoY (€+1.1bn), thanks mainly to change in WCR Net debt further reduced by €4.4bn vs end 2016 – Significant impact of the portfolio rotation program (€-3.4bn(1)) Average net debt maturity: 10.8 years Con
Slide 13: Conclusion
CONCLUSION FY 2017 guidance confirmed ‒ Net Recurring Income group share(1): €2.4-2.6bn (indicative EBITDA: €10.7-11.3bn) ‒ Dividend €0.7/share in cash for 2017 & 2018 confirmed ‒ “A” category rating ‒ Net debt / EBITDA ≤ 2.5x Q1 2017 highlighting sound performance of growth engines 2016 final divid
Slide 14: 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 15: 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 +33 1 44 22 66 29 FOR MORE INFORMATION ABOUT 2017 RESULTS http://www.engie.com/en/investors/results/results-2017/ FINANCIAL INFORMATION A