Centrica – Flat Underlying Operating Profits
Centrica PLC (LON:CNA) has reported a 6% increase in revenue from continuing operations to £8.2bn, while underlying operating profit fell 1% to £262m. Q2 2021 hedge fund letters, conferences and more Centrica made a statutory profit of £1.4bn, reflecting exceptional items such as increased asset values and the contribution of discontinued operations. The group’s outlook for 2021 is broadly unchanged. The shares were broadly flat following the announcement. An Eventful Year For CentricaWilliam Ryder, Equity Analyst at Hargreaves Lansdown: “The British Gas owner has had an eventful year. After s...