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19.02.26 - 11:36
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Centrica’s share price falls 9%! What the heck’s going on? (Fool)
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Centrica's share price has taken a walloping as the market reacted to poor trading news. Could this mark an attractive dip-buying opportunity?
The post Centrica's share price falls 9%! What the heck's going on? appeared first on The Motley Fool UK....
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19.02.26 - 11:00
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British Gas owner pauses share buyback as profits plummet (The Guardian)
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Drop of almost 39% for Centrica comes after mild weather meant households used less gas and electricityBusiness live – latest updatesThe owner of British Gas has paused its plan to buy back shares from shareholders after the company's full-year profits slumped by almost 39%.Centrica reported adjusted earnings of £1.42bn for 2025, down from £2.3bn the year before, after a “challenging” year for the business as it undertakes a series of multibillion-pound investments. Continue reading......
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19.02.26 - 09:00
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British Gas owner′s profits tumble 39% ; gen Z turning to trades for AI-proof work – business live (The Guardian)
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Centrica has paused its share buyback after profits plunged, while new data shows Gen Z looking for AI-proof jobs in traditional tradesGood morning, and welcome to our rolling coverage of business, the financial markets and the world economy.Tough news for British Gas owner Centrica this morning, which announced it is putting share buyback plans ice after suffering a 39% drop for full-year 2025.2025 has been a year of real momentum and we have made bold investments as we continue the fundamental transformation of Centrica.The environment has been challenging, and performance has varied across the business.With major projects like Sizewell C, Grain LNG and our Meter Asset Provider laying the groundwork for more stable and predictable earnings, our long-term opportunities have never been better.Pausing the buyback enables us to prioritise investment that creates lasting value for shareholders, while continuing to deliver the reliable, affordable energy that households and businesses need to power economic g...
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11.02.26 - 20:12
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Wake up Labour MPs: price of electricity is crisis for industry and growth | Nils Pratley (The Guardian)
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Centrica boss's 2030 prediction is not controversial, but government's strategy hardly adds up to one to prove him wrong The price of electricity is less entertaining than a bout of leadership plotting but Labour MPs, if they lifted their gaze, could note that the boss of one of our largest energy companies made a significant prediction this week. British electricity prices in 2030 would be higher than they were in 2022 after Russia's full-scale invasion of Ukraine, said Chris O'Shea, the chief executive of British Gas-owning Centrica. If he's right, the implications may matter more for those MPs' re-election prospects than if or when the prime minister goes.O'Shea was not making a point about net zero. He was merely saying all options for the necessary upgrade of the country's energy infrastructurewere expensive. “We've underinvested in the system for many years, and whether it's the cost of building a new gas-fired power station or a new windfarm, the costs have gone up,” he said. Continue...
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