Flat but unsurprising results from Centrica in the first half of the year, as favourable weather conditions and commodity prices were offset by the COVID-19 impact, British Gas engineer strikes and sharp trading conditions.
On the positive side, the sale process of Spirit Energy has made progress, and a CMD will be held on 16 November 2021. However, nothing new on the dividend side.
Neutral view confirmed due to so many uncertainties surrounding the stock.
22 Jul 2021
H1 21: structural changes before operational profitability
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H1 21: structural changes before operational profitability
Centrica plc (CNA:LON) | 131 1.2 0.7% | Mkt Cap: 7,016m
- Published:
22 Jul 2021 -
Author:
Nicolas Bouthors -
Pages:
3
Flat but unsurprising results from Centrica in the first half of the year, as favourable weather conditions and commodity prices were offset by the COVID-19 impact, British Gas engineer strikes and sharp trading conditions.
On the positive side, the sale process of Spirit Energy has made progress, and a CMD will be held on 16 November 2021. However, nothing new on the dividend side.
Neutral view confirmed due to so many uncertainties surrounding the stock.