Europe Movers: Engie, National Grid, Ryanair

Inga Muller
19 May, 2025
Frankfurt

Engie SA gained 0.4% to €18.37 after the French energy company reported first-quarter 2025 results.

Revenue climbed to €23.25 billion from €22.02 billion, and EBIT declined to €4.13 billion from €4.17 billion.

The company guided full-year net income to be between €4.4 billion and €5.0 billion, with EBIT excluding nuclear in the range of €8.0 billion to €9.0 billion.

In comparison, net income in 2024 was €5.5 billion, and EBIT excluding the nuclear segment was €8.9 billion.

During the first quarter, the energy company acquired two hydropower plants in Brazil and a portfolio of renewable assets in the U.K. and closed the nuclear transaction in Belgium.

The company reported strong activity in the renewables and battery energy storage system segment, with 8.5 GW under construction across more than 100 projects at the end of March.

National Grid plc gained 0.7% to 1,053.50 pence after the U.K. electricity and gas utility company reported fiscal 2025 results ending in March.

Revenue declined 7% to £18.38 billion from £19.85 billion, earnings climbed 20% to £3.45 billion from £2.88 billion, and earnings per share jumped 2% to 73.3 pence from 72.1 pence a year ago.

The dividend in 2025 was 46.72 pence per share, down 20% from 58.52 pence per share a year earlier.

The company guided fiscal 2026 earnings per share to be in line with the 6% to 8% compound annual growth range from the previous year’s baseline.

Ryanair Holdings plc dropped 5.3% to €21.78 after the U.K.-based airline company reported fiscal year 2025 results.

Revenue climbed 4% to €13.95 billion from €13.44 billion, profit declined 16% to €1.61 billion from €1.92 billion, and diluted earnings per share fell to €1.4549 from €1.6743 a year ago.

Traffic increased 9% to a record 200.2 million passengers from 183.7 million passengers a year earlier, supported by a 7% decline in fares and despite Boeing delivery delays.

The company guided fiscal year 2026 traffic to grow 3% to 206 million passengers.

During fiscal 2025, the company bought back over 77 million ordinary shares for a total of approximately €1.5 billion.