Results fell 13% yoy to £13.38bn. However, £969m from the re-measurement of energy contracts has positively affected the reported results leading to a 31.5% yoy increase in operating profit to £1.76bn and net income to have a 9.3% yoy increase to £1.15bn, translating into an EPS of 22.2p. As a result, the company has increased the interim dividend by 1% to 3.6p. Nevertheless, on an adjusted basis the results show a different story as operating profit fell 12% yoy to &p
28 Jul 2016
Strong cash flow performance is reassuring
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Strong cash flow performance is reassuring
Centrica plc (CNA:LON) | 131 -0.8 (-0.5%) | Mkt Cap: 7,013m
- Published:
28 Jul 2016 -
Author:
Juan Camilo Rodriguez -
Pages:
3
Results fell 13% yoy to £13.38bn. However, £969m from the re-measurement of energy contracts has positively affected the reported results leading to a 31.5% yoy increase in operating profit to £1.76bn and net income to have a 9.3% yoy increase to £1.15bn, translating into an EPS of 22.2p. As a result, the company has increased the interim dividend by 1% to 3.6p. Nevertheless, on an adjusted basis the results show a different story as operating profit fell 12% yoy to &p