Engie Cuts 2015 Earnings Target on Belgian Nuclear Flaws
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Engie, the French energy company formerly known as GDF Suez SA, said a delay in restarting two nuclear reactors because of safety concerns will curb profit this year.
Engie sees net recurring income of 2.85 billion to 3.15 billion euros ($3.5 billion), from a prior forecast of 3 billion to 3.3 billion euros, it said in a statement Wednesday. The shutdowns, extended to November from July previously, will cut 40 million euros a month.