By Alberto Delclaux 
 

French energy group Engie SA (ENGI.FR) said Wednesday that its nine-month earnings remained broadly flat, hit by the depreciation of the Brazilian real and the U.S. dollar against the euro.

Earnings before interest, taxes, depreciation and amortization fell by 0.3% to 6.5 billion euros ($7.4 billion), while revenue rose 0.4% to EUR43.0 billion.

Engie said Ebitda rose 5% on an organic basis, thanks in part to good performance from its energy-management activities, which benefited from favorable market conditions in Europe.

The company confirmed its 2018 financial targets.

 

Write to Alberto Delclaux at alberto.delclaux@dowjones.com

 

(END) Dow Jones Newswires

November 07, 2018 02:11 ET (07:11 GMT)

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