French power supplier Engie reported a 20 % reduction in core earnings for the first half of 2018 as revenue rose 40 % to € 30.2 m ( $ 35.2bn ) , despite a series of outages at its Belgian nuclear plants which the company said would reduce annual profits by € 250 m . overall net income was down 25 % year - on - year reflecting losses at Engie 's LNG division , which has now been sold to rival companies .
French power company Engie reported a 1.3% rise in core earnings for the first half of 2018 as revenue rose 0.1% to €30.2m ($35.2bn), despite a series of outages at its Belgian nuclear plants which the company said would reduce annual profits by €250m. Group net income was down 25% year-on-year reflecting losses at Engie's LNG division, which has now been sold to rival Total.