Cold winter fires up Centrica earnings

Suzie Neuwirth

BRITISH Gas owner Centrica today unveiled a two per cent rise in adjusted earnings for the first half of the year, after an unusually cold winter boosted gas consumption.

Overall revenue rose 14 per cent to £13.7bn over the period.

“With our customers using more gas to stay warm during the unusually cold winter, we’re doing everything we can to help them keep their energy costs under control and make bills simpler and clearer,” said chief executive Sam Laidlaw.

“We are also delivering for our shareholders, enabling us to continue to grow the business and invest to secure energy supplies for the future.”