Engie Says Decision to Scrap Dividend Boosts Flexibility

The video discusses the challenges faced by a company during an unprecedented crisis, focusing on the decision-making process regarding dividend payments. It highlights the influence of stakeholders, including the French state, and emphasizes the importance of maintaining financial stability. The company has significant liquidity and has issued bonds to ensure financial security. The decision to withhold dividends is not due to liquidity issues but rather a moral choice given the uncertainty of the crisis's duration and impact.

What was a significant factor in the board's decision-making process during the crisis?

• The company's previous financial losses

• The need to expand the business

• The unprecedented nature of the crisis

• Pressure from international stakeholders

How did the company ensure financial stability during the crisis?

• By increasing product prices

• By reducing employee salaries

• By issuing a bond and maintaining liquidity

• By selling company assets

What was the company's liquidity position during the crisis?

• 8.5 billion in cash and 16.5 billion in liquidity

• 8 billion in cash and 16 billion in liquidity

• 9 billion in cash and 15 billion in liquidity

• 10 billion in cash and 20 billion in liquidity

Why did the company withdraw its guidance?

• Due to a change in leadership

• Because of complete uncertainty surrounding the crisis

• To comply with new regulations

• To focus on new business opportunities

What moral question did the company face during the crisis?

• How to reduce operational costs

• Whether to expand into new markets

• How to balance shareholder interests with crisis management

• Whether to invest in new technologies