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GDF Suez Revenue Rises 8.4%

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GDF Suez SA (OTC: GDFZY) posted an 8.4% rise in its revenue for the first nine months of the year.

GDF Suez's earnings before interest, tax, depreciation and amortization (EBITDA) rose 5.8% to 12.8 billion euros, versus EUR12.1 billion, in the year-ago period. Its revenue climbed to EUR70.92 billion from EUR65.4 billion.

For 2012, GDF Suez still projects net profit of 3.7 billion euros ($4.5 billion) to EUR4.2 billion.

GDF Suez shares closed at $22.74 on Friday.

 

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Posted-In: EBITDAEarnings News

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