Reported Earnings • Jul 24
First half 2026 earnings released: EPS: UK£0.12 (vs UK£0.051 loss in 1H 2025) First half 2026 results: EPS: UK£0.12 (up from UK£0.051 loss in 1H 2025). Revenue: UK£10.2b (flat on 1H 2025). Net income: UK£532.0m (up UK£783.0m from 1H 2025). Profit margin: 5.2% (up from net loss in 1H 2025). Revenue is forecast to stay flat during the next 3 years compared to a 5.9% growth forecast for the Integrated Utilities industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance. Anuncio • Jul 24
Centrica plc to Report First Half, 2026 Results on Jul 23, 2026 Centrica plc announced that they will report first half, 2026 results on Jul 23, 2026 Anuncio • Jul 23
Centrica plc Approves Interim Dividend for the Six Months Ended 30 June 2026, Payable on 22 September 2026 Centrica plc announced that on 22 July 2026 the Directors approved an interim dividend of 2.00 pence per share for the six months ended 30 June 2026 against 1.83 pence per share a year ago. The dividend will be paid on 22 September 2026 to those shareholders registered on 21 August 2026. Board Change • May 21
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Director Jonathan Anton Howell was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Anuncio • May 13
Centrica plc Announces Board and Committee Changes Centrica plc announced the appointment of Jonathan Howell as a Non-Executive Director of the Company with effect from 12 May 2026. Jonathan will also become Chair of the Audit and Risk Committee and a member of the Nominations Committee, with effect from 31 July 2026. Jonathan has significant board-level executive and non-executive experience across FTSE-listed and regulated businesses, with particular expertise in finance, governance, risk and transformation. He is currently a Non-Executive Director and Chair of the Audit Committee of Experian plc and Whitbread plc, and previously served on the boards of Sage Group plc, EMAP plc, FTSE International Ltd. and CrestCo Ltd. Jonathan brings deep financial leadership experience gained in complex, highly regulated environments. Having trained as a Chartered Accountant, his extensive executive career includes roles such as the CFO of Sage Group plc, Close Brothers Group plc and London Stock Exchange Group plc. Nathan Bostock will step down from the Board, the Nominations Committee, the Safety, Environment and Sustainability Committee and as Chair of the Audit and Risk Committee with effect from 31 July 2026. In accordance with the obligations under UK Listing Rule 6.4.6, Jonathan Howell currently holds the following non-executive directorships in quoted companies: Whitbread plc and Experian plc. Jonathan Howell was previously a director of Sage Group plc. Anuncio • May 09
Centrica plc Approves the Final Cash Dividend on Ordinary Share Centrica plc at its 2026 Annual General Meeting held on May 7, 2026, approved the final cash dividend of 3.67 pence per ordinary share. Anuncio • May 08
Centrica plc (LSE:CNA) acquired Severn combined-cycle gas turbine power station from Calon Energy Limited for approximately £370 million. Centrica plc (LSE:CNA) acquired Severn combined-cycle gas turbine power station from Calon Energy Limited for approximately £370 million on May 7, 2026. A cash consideration of £370 million will be paid by Centrica plc. As part of consideration, £370 million is paid towards assets of Severn combined-cycle gas turbine power Centrica will fund the acquisition of Severn entirely from existing cash resources, on a cash-free, debt-free basis. Citigroup Global Markets Limited acted as financial advisor to Centrica plc. Slaughter and May and Freeths LLP acted as legal advisor to Centrica plc.
Centrica plc (LSE:CNA) completed the acquisition of Severn combined-cycle gas turbine power station from Calon Energy Limited on May 7, 2026. Anuncio • Dec 19
Centrica plc Announces Directorate and Committee Changes Centrica announced that Heidi Mottram, Non-Executive Director of Centrica plc, will step down from the Board with effect from 31 December 2025. Heidi has served on the Board since 1 January 2020 and has contributed significantly to the work of the Nominations and Remuneration Committees and as Chair of the Safety, Environment and Sustainability Committee. The Board thanks her for her valuable contribution. Centrica also announces that Amber Rudd will be appointed as Chair of the Safety, Environment and Sustainability Committee and will join the Nominations Committee, both with effect from 1 January 2026. Anuncio • Nov 28
Centrica plc (LSE:CNA) and Energy Capital Partners, LLC completed the acquisition of National Grid Grain LNG Limited and Thamesport Interchange Limited from National Grid plc (LSE:NG.) Centrica plc (LSE:CNA) and Energy Capital Partners, LLC entered into a sale and purchase agreement to acquire National Grid Grain LNG Limited/Thamesport Interchange Limited from National Grid plc (LSE:NG.) for an enterprise value of £1.5 billion on August 14, 2025. A cash consideration will be paid by Centrica plc and Energy Capital Partners, LLC. The purchase of Grain LNG is for an enterprise value of £1.5 billion.
Centrica's 50% share of the equity investment of approximately £200 million will be funded from it's existing cash resources. Centrica plc and Energy Capital Partners has also secured approximately £1.1 billion of committed financing, which will be drawn at closing, to fund a portion of the enterprise value.
The transaction is conditional upon certain regulatory approvals being received, including approval under the National Security and Investment Act and certain mandatory anti-trust approvals. The completion of the transaction is expected to occur in Q4 this calendar year.
Brian O'Keeffe, Conor Hennebry and Martin Weltman Banco Santander, S.A., London Branch acted as financial advisor for Centrica plc and Energy Capital Partners, LLC. Slaughter and May acted as legal advisor for Centrica plc. Latham & Watkins LLP acted as legal advisor for Centrica plc and Energy Capital Partners, LLC. Morgan Stanley acted as financial advisor to National Grid plc. Charles Steward, Caroline Rae, Reza Dadbakhsh, Silke Goldberg, David Coulling, Veronica Roberts, Howard Murray and Tim Leaver of Herbert Smith Freehills LLP acted as legal advisor to National Grid plc (LSE:NG.)
Centrica plc (LSE:CNA) and Energy Capital Partners, LLC completed the acquisition of National Grid Grain LNG Limited and Thamesport Interchange Limited from National Grid plc (LSE:NG.) on November 28, 2025. Anuncio • Sep 22
Centrica plc Appoints Frank Mastiaux as a Non-Executive Director, Effective 22 September 2025 Centrica announced the appointment of Frank Mastiaux as a Non-Executive Director of the Company with effect from 22 September 2025. Frank will also join the Company's Safety, Environment and Sustainability Committee (SESC). Frank is an experienced executive and board member with over three decades in the energy industry. He served as CEO of Energie Baden-Württemberg AG (EnBW) from 2012 to 2022, where he led a strategic transformation that significantly increased the company's market capitalisation and positioned it as a leader in renewable energy. Prior to that, he held senior roles at BP and E.ON, including CEO of E.ON Climate & Renewables and CEO of BP's global LPG business. Frank currently serves as Chair of Sunfire SE, a hydrogen technology company, and is an advisory board member at Boehringer Ingelheim. He was previously a Supervisory Board member at Alstom Group. He holds a PhD in Analytical Chemistry from the University of Duisburg. Anuncio • Aug 14
Centrica plc (LSE:CNA) and Energy Capital Partners, LLC entered into a sale and purchase agreement to acquire National Grid Grain LNG Limited/Thamesport Interchange Limited from National Grid plc (LSE:NG.). Centrica plc (LSE:CNA) and Energy Capital Partners, LLC entered into a sale and purchase agreement to acquire National Grid Grain LNG Limited/Thamesport Interchange Limited from National Grid plc (LSE:NG.) on August 14, 2025. A cash consideration will be paid by Centrica plc and Energy Capital Partners, LLC. The purchase of Grain LNG is for an enterprise value of £1.5 billion.
Centrica's 50% share of the equity investment of approximately £200 million will be funded from it's existing cash resources. Centrica plc and Energy Capital Partners has also secured approximately £1.1 billion of committed financing, which will be drawn at closing, to fund a portion of the enterprise value.
The transaction is conditional upon certain regulatory approvals being received, including approval under the National Security and Investment Act and certain mandatory anti-trust approvals. The completion of the transaction is expected to occur in Q4 this calendar year.
Brian O'Keeffe, Conor Hennebry and Martin Weltman Banco Santander, S.A., London Branch acted as financial advisor for Centrica plc and Energy Capital Partners, LLC. Slaughter and May acted as legal advisor for Centrica plc. Latham & Watkins LLP acted as legal advisor for Centrica plc and Energy Capital Partners, LLC. Morgan Stanley acted as financial advisor to National Grid plc. Anuncio • Jul 30
Centrica plc (LSE:CNA) acquired 16% stake in Gasrec Ltd. Centrica plc (LSE:CNA) acquired 16% stake in Gasrec Ltd. on July 30, 2025.
Centrica plc (LSE:CNA) completed the acquisition of 16% stake in Gasrec Ltd. on July 30, 2025. Anuncio • Jul 25
Centrica plc Declares Interim Dividend for the First Half of 2025 Centrica plc declared interim dividend of 1.83 pence per share for the first half of 2025 (H1 2024: 1.50 pence per share). Anuncio • Jul 22
Centrica plc to Report First Half, 2025 Results on Jul 24, 2025 Centrica plc announced that they will report first half, 2025 results on Jul 24, 2025 Anuncio • Jul 08
Centrica plc Appoints Alessandra Pasini as A Non-Executive Director; Member of Audit and Risk Committee and Nominations Committee Centrica plc announce the appointment of Alessandra Pasini as a Non-Executive Director of the Company with immediate effect. Alessandra will also become a member of the Company's Audit and Risk Committee and Nominations Committee. Anuncio • May 09
Centrica plc Approves the Final Cash Dividend Centrica plc at its AGM held on May 8, 2025, approved the final cash dividend of 3.0 pence per ordinary share. Anuncio • Feb 22
Centrica plc Proposes Final Dividend for the Year Ended 31 December 2024, Payable on 5 June 2025 and Proposes Dividend for Full Year 2025 Centrica plc is proposing a 2024 final dividend of 3.0 pence per share for the year ended 31 December 2024, taking the full year dividend to 4.5 pence from 4.0 pence per share in 2023, with an intent to raise the 2025 dividend per share by a further 22% to 5.5 pence. The dividend will be submitted for formal approval at the Annual General Meeting to be held on 8 May 2025 and, subject to approval, will be paid on 5 June 2025 to those shareholders registered on 2 May 2025. Ex-dividend date for 2024 final dividend is 1 May 2025. Anuncio • Feb 21
Centrica plc, Annual General Meeting, May 08, 2025 Centrica plc, Annual General Meeting, May 08, 2025. Anuncio • Feb 20
Centrica plc to Report Fiscal Year 2024 Results on Feb 20, 2025 Centrica plc announced that they will report fiscal year 2024 results at 7:00 AM, Coordinated Universal Time on Feb 20, 2025 Anuncio • Nov 15
Centrica plc Announces Board Changes, Effective 16 December 2024 On 25 July 2024, Centrica plc announced that Kevin O'Byrne, currently Senior Independent Director, would succeed Scott Wheway as Chair of the Board from 16 December 2024. The company also announced the appointment of Jo Harlow as Senior Independent Director, effective from 16 December 2024. Jo was appointed to the Centrica Board on 1 December 2023 and serves as a member of the Remuneration and Nominations Committees. Anuncio • Oct 07
British Gas Owner Reportedly Mulls £1 Billion Stake in Hinkley THE owner of British Gas is exploring a potential investment in Hinkley Point C Solutions Limited as French state energy giant Electricité de France S.A. (EDF) scrambles to raise more funds for the troubled nuclear project. Centrica plc (LSE:CNA) has held discussions about a possible deal in recent months, although the talks are at an early stage, The Telegraph understands. City sources suggested the company could put at least £1 billion into the scheme, which is being built in Somerset, in exchange for a stake of 5% or more. Any deal would also likely secure Centrica a share of the plant's electricity output, at a time when energy suppliers are revisiting nuclear as a potential source of "clean" power to replace fossil fuels. It comes as EDF, which owns 68% of Hinkley, faces a reported £5 billion shortfall in funding needed to complete the scheme. As part of efforts to plug the gap, the company and the French government have lobbied for financial support from the UK Government while also seeking new private backers. An investment by Centrica would extend a long-running partnership between the British company and EDF. The FTSE 100 giant already holds a 20% share in all five of EDF's remaining UK nuclear power stations. This also entitles it to trade an equivalent share of the electricity they generate, a deal that has helped Centrica net at least £1.5 billion in profits since the 2022 surge in power prices. With all but one of the plants scheduled to close this decade, however, the company's bosses have been exploring whether to invest in new nuclear projects. Until now, Centrica's only interest was thought to be in the proposed Sizewell C plant in Suffolk. Those in talks with the Government include Centrica, Emirates Nuclear Energy Corporation (Enec), Schroders Greencoat and Amber Infrastructure Group. However, one City source said there was crossover between the Sizewell bidders and those having talks with EDF about a possible investment in Hinkley, with Centrica having expressed interest in the latter as well. Centrica is expected to back only one of the nuclear schemes, or neither, people familiar with the discussions suggested. It is seen as unlikely to invest in both. Hinkley may ultimately look more attractive to energy supplier Centrica, depending on the terms, as the plant is due to come online before Sizewell, the City source said. This is despite significant delays and cost overruns. They added: "It would be a bit weird, strategically, for Centrica executives to say we want to lock a billion pounds of shareholders' money up for 15 years before a single electron gets produced. "The more strategic transaction would be to put a billion into Hinkley, but with a very good deal from EDF." On October 4, 2024, a spokesman for Centrica declined to comment. EDF also declined to comment. Anuncio • Sep 17
Centrica plc (LSE:CNA) agreed to acquire Nine 100-MW battery energy storage system (BESS) projects in Sweden from Future Generation Renewable Energy AG. Centrica plc (LSE:CNA) agreed to acquire Nine 100-MW battery energy storage system (BESS) projects in Sweden from Future Generation Renewable Energy AG on September 16, 2024. Anuncio • Jul 26
Centrica plc Announces Board Changes Centrica plc announced that Scott Wheway will step down as Chair of the Company after almost nine years on the Board and five years as Chair and will not seek re-election as a Director. The Board announced that, effective 16 December 2024, Kevin O'Byrne will succeed Scott and will be appointed as Chair of the Company. Kevin has served as a Non-Executive Director of the Company since May 2019 and is currently the Company's Senior Independent Director and a member of the Nominations Committee and Audit and Risk Committee. Kevin was Chair of Centrica plc's Audit and Risk Committee from 2019 to 2023. In line with UK Corporate Governance Code recommendations, as the Senior Independent Director was a candidate for the role of Chair, non-executive director Amber Rudd led a comprehensive search process, considering both internal and external candidates. Kevin brings extensive executive and Board experience, in addition to knowledge of Centrica's operations, to the role. He has significant experience of complex financial and capital allocation decision making matters. Kevin has held CFO and CEO roles in a number of leading UK and international retailers since 2004, including Chief Financial Officer of J Sainsbury plc from 2017 to 2023. He was previously an executive director of Kingfisher plc and Dixons Retail plc. He was a non-executive director of Land Securities plc from 2008 to 2017 where he was Chair of the Audit Committee and Senior Independent Director. Kevin is currently also a non-executive director of NYSE listed International Flavors & Fragrances Inc. (IFF), a multinational market leading supplier to the food, beverage, beauty, and household and personal care sectors. At IFF he is Chair of the Governance & Corporate Responsibility Committee and sits on the Innovation and Audit Committees. Anuncio • Jun 06
Centrica plc Approves the Final Cash Dividend Centrica plc at its AGM held on June 5, 2024, approved the final cash dividend of 2.67 pence per ordinary share. Upcoming Dividend • May 24
Upcoming dividend of UK£0.027 per share Eligible shareholders must have bought the stock before 30 May 2024. Payment date: 11 July 2024. Payout ratio is a comfortable 5.7% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of British dividend payers (5.6%). Lower than average of industry peers (5.5%). Buy Or Sell Opportunity • May 04
Now 20% overvalued Over the last 90 days, the stock has fallen 4.0% to UK£1.29. The fair value is estimated to be UK£1.07, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 11% per annum. Earnings are also forecast to decline by 41% per annum over the same time period. Reported Earnings • Mar 27
Full year 2023 earnings released: EPS: UK£0.71 (vs UK£0.13 loss in FY 2022) Full year 2023 results: EPS: UK£0.71 (up from UK£0.13 loss in FY 2022). Revenue: UK£26.5b (up 11% from FY 2022). Net income: UK£3.93b (up UK£4.71b from FY 2022). Profit margin: 15% (up from net loss in FY 2022). Revenue is forecast to decline by 11% p.a. on average during the next 3 years, while revenues in the Integrated Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth. Declared Dividend • Feb 18
Final dividend increased to UK£0.027 Dividend of UK£0.027 is 34% higher than last year. Ex-date: 30th May 2024 Payment date: 11th July 2024 Dividend yield will be 2.9%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is well covered by both earnings (6% earnings payout ratio) and cash flows (9% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 83% over the next 3 years. However, it would need to fall by 94% to increase the payout ratio to a potentially unsustainable range. Reported Earnings • Feb 16
Full year 2023 earnings released: EPS: UK£0.71 (vs UK£0.13 loss in FY 2022) Full year 2023 results: EPS: UK£0.71 (up from UK£0.13 loss in FY 2022). Revenue: UK£26.5b (up 11% from FY 2022). Net income: UK£3.93b (up UK£4.71b from FY 2022). Profit margin: 15% (up from net loss in FY 2022). Revenue is forecast to decline by 12% p.a. on average during the next 3 years, while revenues in the Integrated Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth. Anuncio • Feb 14
Centrica plc to Report Fiscal Year 2023 Results on Feb 15, 2024 Centrica plc announced that they will report fiscal year 2023 results at 7:00 AM, Coordinated Universal Time on Feb 15, 2024 Anuncio • Nov 23
Centrica plc Announces Management Appointments, Effective December 1, 2023 Centrica plc announced the appointment of Jo Harlow and Sue Whalley as Non-Executive Directors of the Company with effect from 1 December 2023, whereupon Jo and Sue will also become members of the Company's Remuneration Committee and Nominations Committee. Jo Harlow has more than 25 years' experience working in various senior roles, predominantly in the branded and technology sectors. Prior to her non-executive career, Jo held the position of Corporate Vice President of the Phones Business Unit at Microsoft. She previously spent 11 years at Nokia Corporation in a number of senior management roles, including Executive Vice President of Smart Devices. Jo currently serves as Non-Executive Director and Remuneration Committee Chair at InterContinental Hotels Group PLC and J Sainsbury plc, and as Senior Independent Director and Remuneration Committee Chair at Halma plc. She is also a Non-Executive Director at Chapter Zero Limited. Jo will be retiring from the Board of InterContinental Hotels Group PLC on 31 December 2023. Jo was also previously a Non-Executive Director of Ceconomy AG from 2017 to 2021. She attended Duke University in North Carolina and has a BSc in Psychology. Sue Whalley is Chief People and Performance Officer at Associated British Foods plc (ABF), having been appointed to the role in 2019. Prior to joining ABF, Sue spent 12 years at Royal Mail Group, where she held a number of executive roles including Chief Executive Officer of the Post & Parcels division and Chief Operations Officer. Prior to that, Sue was a Partner at McKinsey & Company where she spent nearly 18 years in management consultancy. Sue is a graduate of University of Cambridge and holds an MBA from Harvard Business School. Board Change • Oct 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Executive Director Philippe Boisseau was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Sep 28
Upcoming dividend of UK£0.013 per share at 2.2% yield Eligible shareholders must have bought the stock before 05 October 2023. Payment date: 16 November 2023. Payout ratio is a comfortable 4.5% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of British dividend payers (6.3%). Lower than average of industry peers (5.8%). New Risk • Sep 26
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 45% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 45% per year for the foreseeable future. High level of non-cash earnings (54% accrual ratio). Anuncio • Aug 12
Centrica plc Announces Appointment of Philippe Boisseau as Non-Executive Director, Member of Safety, Environment and Sustainability Committee, Audit and Risk Committee and Nominations Committee, Effective 1 September 2023 Centrica plc announced the appointment of Philippe Boisseau as a Non-Executive Director of the Company with effect from 1 September 2023, whereupon he will also become a member of the Company's Safety, Environment and Sustainability Committee, Audit and Risk Committee and Nominations Committee. Anuncio • Jul 29
Centrica plc Proposes Interim Dividend for the Six Months Ended 30 June 2023, Payable 16 November 2023 The Directors of Centrica plc propose an interim dividend of 1.33 pence per ordinary share (totalling £74 million) for the six months ended 30 June 2023. The dividend will be paid on 16 November 2023 to those shareholders registered on 6 October 2023 and ex dividend date is 5 October 2023. New Risk • Jul 28
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 50% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 50% per year for the foreseeable future. High level of non-cash earnings (54% accrual ratio). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • Jul 28
First half 2023 earnings released: EPS: UK£0.73 (vs UK£0.15 loss in 1H 2022) First half 2023 results: EPS: UK£0.73 (up from UK£0.15 loss in 1H 2022). Revenue: UK£16.5b (up 60% from 1H 2022). Net income: UK£4.15b (up UK£5.01b from 1H 2022). Profit margin: 25% (up from net loss in 1H 2022). Revenue is forecast to decline by 8.3% p.a. on average during the next 3 years, while revenues in the Integrated Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth. Anuncio • Jun 14
Centrica plc Approves Final Cash Dividend Centrica plc announced that at the AGM was held on 13 June 2023, the company approved final cash dividend of 2 pence per ordinary. Anuncio • Jun 13
Centrica plc to Report First Half, 2023 Results on Jul 27, 2023 Centrica plc announced that they will report first half, 2023 results on Jul 27, 2023 Upcoming Dividend • Jun 01
Upcoming dividend of UK£0.02 per share at 3.3% yield Eligible shareholders must have bought the stock before 08 June 2023. Payment date: 20 July 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 3.3%. Lower than top quartile of British dividend payers (5.9%). Lower than average of industry peers (5.7%). Board Change • Apr 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Group CFO & Executive Director Russell O'Brien was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 24
Full year 2022 earnings released: UK£0.13 loss per share (vs UK£0.10 profit in FY 2021) Full year 2022 results: UK£0.13 loss per share (down from UK£0.10 profit in FY 2021). Revenue: UK£23.7b (up 61% from FY 2021). Net loss: UK£782.0m (down 233% from profit in FY 2021). Revenue is expected to fall by 2.3% p.a. on average during the next 3 years compared to a 1.2% decline forecast for the Integrated Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Feb 17
Full year 2022 earnings released: UK£0.13 loss per share (vs UK£0.10 profit in FY 2021) Full year 2022 results: UK£0.13 loss per share (down from UK£0.10 profit in FY 2021). Revenue: UK£23.7b (up 61% from FY 2021). Net loss: UK£782.0m (down 233% from profit in FY 2021). Revenue is forecast to stay flat during the next 3 years compared to a 1.7% growth forecast for the Integrated Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 10% per year. Anuncio • Feb 16
Centrica plc Proposes Final Dividend, Payable on 20 July 2023 Centrica plc proposed a final dividend of 2.00 pence per ordinary share (totalling £118 million) for the year ended 31 December 2022. The dividend will be submitted for formal approval at the Annual General Meeting to be held on 13 June 2023 and, subject to approval will be paid on 20 July 2023 to those shareholders on the register at 9 June 2023. Anuncio • Jan 25
Centrica plc (LSE:CNA) acquired Knapton gas power plant from Third Energy UK Gas Limited. Centrica plc (LSE:CNA) acquired Knapton gas power plant from Third Energy UK Gas Limited on January 24, 2023.
Centrica plc (LSE:CNA) completed the acquisition of Knapton gas power plant from Third Energy UK Gas Limited on January 24, 2023. Anuncio • Jan 13
Centrica plc Announces Board Changes Centrica plc announced that Russell O'Brien will be appointed an executive director on 1 March 2023. Kate Ringrose will step down as an executive director on 28 February 2023 and is expected to leave the company towards the end of 2023 after an orderly transition. Anuncio • Jan 12
Centrica plc Announces Executive Changes Centrica plc announced that Russell O'Brien will be appointed group chief financial officer (CFO) on 1 March 2023. Kate Ringrose will step down as CFO on 28 February 2023 and is expected to leave the company towards the end of 2023 after an orderly transition. Buying Opportunity • Jan 03
Now 21% undervalued Over the last 90 days, the stock is up 29%. The fair value is estimated to be UK£1.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.1% over the last 3 years. Meanwhile, the company became loss making. Buying Opportunity • Dec 13
Now 20% undervalued Over the last 90 days, the stock is up 9.4%. The fair value is estimated to be UK£1.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.1% over the last 3 years. Meanwhile, the company became loss making. Board Change • Nov 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Executive Director Nathan Bostock was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Sep 29
Upcoming dividend of UK£0.01 per share Eligible shareholders must have bought the stock before 06 October 2022. Payment date: 17 November 2022. Trailing yield: 2.6%. Lower than top quartile of British dividend payers (6.1%). Lower than average of industry peers (5.7%). Reported Earnings • Jul 29
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down UK£743.0m from profit in 1H 2021). Profit margin: (down from 11% in 1H 2021). Over the next year, revenue is forecast to grow 20%, compared to a 7.0% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Amber Rudd was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 25
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: UK£0.10 (up from UK£0.047 loss in FY 2020). Revenue: UK£14.7b (up 20% from FY 2020). Net income: UK£586.0m (up UK£860.0m from FY 2020). Profit margin: 4.0% (up from net loss in FY 2020). Revenue exceeded analyst estimates by 15%. Over the next year, revenue is forecast to grow 51%, compared to a 2.6% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Reported Earnings • Jul 23
First half 2021 earnings released: EPS UK£0.13 (vs UK£0.059 loss in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: UK£6.92b (up 9.3% from 1H 2020). Net income: UK£743.0m (up UK£1.09b from 1H 2020). Profit margin: 11% (up from net loss in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings. Is New 90 Day High Low • Mar 15
New 90-day high: UK£0.55 The company is up 33% from a price of UK£0.41 on 15 December 2020. Outperformed the British market which is up 5.0% over the last 90 days. Exceeded the Integrated Utilities industry, which is up 2.0% over the same period. Simply Wall St's valuation model estimates the intrinsic value at UK£0.47 per share. Is New 90 Day High Low • Feb 10
New 90-day high: UK£0.53 The company is up 20% from its price of UK£0.44 on 11 November 2020. The British market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Integrated Utilities industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£0.74 per share. Executive Departure • Feb 09
Independent Non-Executive Director has left the company On the 8th of February, Joan Gillman's tenure as Independent Non-Executive Director ended after 4.3 years in the role. We don't have any record of a personal shareholding under Joan's name. A total of 7 executives have left over the last 12 months. Executive Departure • Feb 02
Executive Officer has left the company On the 31st of January, Johnathan Ford's tenure as Executive Officer ended after less than a year in the role. We don't have any record of a personal shareholding under Johnathan's name. A total of 6 executives have left over the last 12 months. Is New 90 Day High Low • Jan 20
New 90-day high: UK£0.52 The company is up 27% from its price of UK£0.41 on 22 October 2020. The British market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Integrated Utilities industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£0.87 per share. Is New 90 Day High Low • Jan 05
New 90-day high: UK£0.48 The company is up 16% from its price of UK£0.41 on 07 October 2020. The British market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Integrated Utilities industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£0.79 per share.