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Engie to present 1 billion euro cost-cutting plan - Les Echos

Reuters
FILE PHOTO: The logo of French gas and power group Engie is seen on the company tower at La Defense business and financial district in Courbevoie, near Paris, France. May 16, 2018. REUTERS/Charles Platiau

PARIS (Reuters) - French gas and power group Engie is preparing to present a cost-cutting plan next week aimed at boosting profits by one billion euros (869 million pounds), French business newspaper Les Echos reported on Wednesday.

The plan will be presented next week when the group reports its 2018 results and gives a much awaited roadmap for the coming three years, Les Echos reported.

The group did not immediately respond to a request for comment from Reuters.

(Reporting by Leigh Thomas; Editing by Kirsten Donovan)