GDF Suez SA (GDFZY.PK, GDSZF.PK) said its first-quarter revenues were 28.16 billion euros, a 10.5% gross increase from last year. On an organic basis, revenues grew 8.4%. The company noted that the revenue growth was supported by all business lines.
EBITDA for the quarter reached 5.82 billion euros, a 5.7% gross increase from the prior-year quarter. EBITDA, on an organic basis, was up 4.1%.
The company also noted that solid first quarter quarter results confirmed its full year 2012 guidance. GDF Suez still expects ordinary dividend to be equal or superior to 2011.
In the hypothesis of the full acquisition of International Power Plc (IPR, IPR.L, IPRPY.PK) by mid-year, 2012 net recurring income Group share guidance would be enhanced by 200 million euros to a range of 3.7 billion euros-4.2 billion euros from a range of 3.5 billion euros-4 billion euros issued earlier.
For comments and feedback: editorial@rttnews.com