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Centrica PLC (CNA.L)

CNA.L on London Stock Exchange

138.00GBp
14 Dec 2018
Change (% chg)

-0.20 (-0.14%)
Prev Close
138.20
Open
137.20
Day's High
138.45
Day's Low
135.80
Volume
12,497,826
Avg. Vol
22,894,882
52-wk High
164.50
52-wk Low
123.10

Latest Key Developments (Source: Significant Developments)

Centrica Wins 2-Year Contract In Denmark
Thursday, 29 Nov 2018 

Nov 29 (Reuters) - Centrica PLC ::WON 2-YEAR CONTRACT FOR BALANCING, TRADING 469 MW RENEWABLES CAPACITY IN DENMARK UNDER OFFTAKE OBLIGATION SUBSIDY SCHEME.  Full Article

Centrica PLC Says Continues To Expect To Achieve 2018 Group Targets
Thursday, 22 Nov 2018 

Nov 22 (Reuters) - Centrica PLC ::CENTRICA PLC - CENTRICA EXPECTS TO ACHIEVE 2018 GROUP TARGETS DESPITE UPSTREAM OPERATIONAL IMPACTS.CENTRICA PLC - SEES FY ADJUSTED OPERATING CASH FLOW IN £2.1-£2.3BN RANGE.CENTRICA PLC - TO MAINTAIN FULL YEAR DIVIDEND PER SHARE AT 12.0P.CENTRICA PLC - CONTINUES TO EXPECT TO ACHIEVE ITS GROUP TARGETS FOR 2018 AS SET OUT IN PRELIMINARY RESULTS IN FEBRUARY.CENTRICA PLC - SEES FY ADJUSTED OPERATING PROFIT AND EBITDA TO BE ABOVE 2017 LEVELS.CENTRICA - TRADING CONDITIONS FOR COMMODITY EXPOSED CUSTOMER-FACING BUSINESSES CONTINUE TO BE HIGHLY COMPETITIVE IN UK, IRELAND, NORTH AMERICA.CENTRICA - IN RECENT MONTHS EXPERIENCED 2 UNEXPECTED DEVELOPMENTS AFFECTING ITS ASSET BUSINESSES WHICH WILL HAVE NEGATIVE IMPACT ON 2018 PERFORMANCE.CENTRICA PLC - IN E&P, SPIRIT ENERGY FORECAST PRODUCTION FOR 2018 HAS FALLEN TO ABOUT 47.5MMBOE FROM AROUND 50MMBOE AT TIME OF INTERIM RESULTS.CENTRICA PLC - 2019 SPIRIT ENERGY PRODUCTION IS CURRENTLY EXPECTED TO BE AT BROADLY SIMILAR LEVELS TO 2018.CENTRICA PLC - PERFORMANCE IN NUCLEAR HAS BEEN IMPACTED BY EXTENDED INSPECTIONS AND OUTAGES AT HUNTERSTON B AND DUNGENESS B POWER STATIONS.CENTRICA - PROGRESS MADE ON INTRODUCING NEW PROPOSITIONS FOR CUSTOMERS IN ADVANCE OF INTRODUCTION OF A DEFAULT TARIFF PRICE CAP.CENTRICA PLC - MARKET VOLATILITY AND EXTREMES OF WEATHER HAVE ALSO BEEN CHALLENGING IN 2018.CENTRICA PLC - UK HOME ENERGY SUPPLY ACCOUNTS HAVE REDUCED BY 372,000 IN FOUR MONTHS TO END OF OCTOBER.  Full Article

Centrica Appoints Charles Berry Chairman Designate
Wednesday, 31 Oct 2018 

Oct 31 (Reuters) - Centrica PLC ::CENTRICA PLC - DIRECTORATE CHANGE.CENTRICA PLC - ANNOUNCES APPOINTMENT OF CHARLES BERRY AS A DIRECTOR AND CHAIRMAN DESIGNATE.CENTRICA PLC - CHARLES BERRY IS CHAIRMAN OF WEIR GROUP.CENTRICA PLC - CHARLES SUCCEEDS RICK HAYTHORNTHWAITE WHO ANNOUNCED IN MAY 2018 HIS INTENTION TO STEP DOWN DURING COURSE OF NEXT 12 MONTHS.CENTRICA PLC - BERRY WILL BECOME CHAIRMAN ON 21 FEBRUARY 2019.  Full Article

Norway's oil ministry approves Wintershall's Nova field development plan
Thursday, 27 Sep 2018 

Sept 27 (Reuters) - Norway's oil and energy ministry: :SAYS APPROVES WINTERSHALL'S NOVA FIELD DEVELOPMENT PLAN.SAYS EXPECTS NOVA FIELD TO START PRODUCTION IN Q3 2021.WINTERSHALL AND ITS PARTNERS PLAN TO INVEST 10 BILLION NORWEGIAN CROWNS TO DEVELOP THE OFFSHORE FIELD.WINTERSHALL IS THE OPERATOR AND HOLDS 35 PCT STAKE, WHILE CAPRICORN HAS 20 PCT, SPIRIT ENERGY 20 PCT, EDISON 15 PCT AND DEA 10 PCT .  Full Article

Centrica Names Richard Hookway As Centrica Business CEO
Friday, 14 Sep 2018 

Sept 14 (Reuters) - Centrica PLC ::CENTRICA ANNOUNCES APPOINTMENT OF NEW CENTRICA BUSINESS CHIEF EXECUTIVE.APPOINTMENT OF RICHARD HOOKWAY AS CHIEF EXECUTIVE, CENTRICA BUSINESS EFFECTIVE 1 DECEMBER.HOOKWAY TO GET BASE SALARY OF £600,000.  Full Article

Centrica Says It Doesn't Believe Price Cap Is Sustainable Solution For Market
Thursday, 6 Sep 2018 

Sept 6 (Reuters) - Centrica PLC ::CENTRICA PLC - IN THE PROCESS OF REVIEWING THE MANY PAPERS OFGEM HAS ISSUED TODAY, AND A DETAILED EVALUATION WILL TAKE SOME TIME.CENTRICA PLC - LOOK FORWARD TO PARTICIPATING IN THE FINAL CONSULTATION PERIOD IN OCTOBER.CENTRICA PLC - DO NOT BELIEVE PRICE CAP IS SUSTAINABLE SOLUTION FOR MARKET, LIKELY TO HAVE UNINTENDED CONSEQUENCES FOR CUSTOMERS AND FOR COMPETITION.CENTRICA PLC - POSITIONING CO TO DELIVER A PROFITABLE ENERGY SUPPLY BUSINESS UNDER THE TEMPORARY DEFAULT TARIFF CAP.  Full Article

Centrica Says Co On Track To Achieve FY Financial Targets
Tuesday, 31 Jul 2018 

July 31 (Reuters) - Centrica PLC ::HY STABLE ADJUSTED GROSS MARGIN AND EBITDA RELATIVE TO H1 2017.HY CENTRICA CONSUMER ADJUSTED OPERATING PROFIT DOWN 20PCT.HY CENTRICA BUSINESS ADJUSTED OPERATING PROFIT DOWN 57PCT.FULL YEAR ADJUSTED OPERATING CASH FLOW CURRENTLY EXPECTED TO BE HIGHER THAN 2017, WITHIN TARGETED £2.1-£2.3BN RANGE .AWAITING FINAL REGULATIONS IMPOSING A TEMPORARY DEFAULT TARIFF CAP IN UK.FULL YEAR DIVIDEND PER SHARE EXPECTED TO BE MAINTAINED AT 12.0P .H1 2018 ADJUSTED EPS DOWN 22PCT TO 6.4P, IMPACTED BY A HIGHER ADJUSTED EFFECTIVE TAX RATE OF 39PCT. .FULL YEAR ADJUSTED OPERATING CASH FLOW CURRENTLY EXPECTED TO BE HIGHER THAN 2017.REMAIN ON TRACK TO ACHIEVE ALL OUR FULL YEAR FINANCIAL TARGETS.EXPECT TO MAINTAIN FULL YEAR DIVIDEND PER SHARE AT ITS CURRENT LEVEL.  Full Article

Centrica Says Jeff Bell To Step Down As Group CFO
Tuesday, 31 Jul 2018 

July 31 (Reuters) - Centrica PLC ::ANNOUNCES CHANGE OF GROUP CHIEF FINANCIAL OFFICER.AFTER OVER FOUR YEARS IN POST, AND IN LINE WITH LONG-STANDING SUCCESSION PLANS AGREED WITH BOARD, JEFF BELL WILL BE STANDING DOWN AS GROUP CFO AT END OF OCTOBER THIS YEAR AND WILL LEAVE COMPANY IN JULY 2019..PLEASED TO ANNOUNCE APPOINTMENT OF CHRIS O'SHEA AS GROUP CFO AND EXECUTIVE DIRECTOR OF CENTRICA PLC EFFECTIVE 1(ST) NOVEMBER..  Full Article

Centrica Says Centrica Business Solutions Launches In Ireland
Thursday, 26 Jul 2018 

July 26 (Reuters) - Centrica PLC ::CENTRICA BUSINESS SOLUTIONS LAUNCHES IN IRELAND.EXPANDED ITS OFFER TO BUSINESSES IN REPUBLIC OF IRELAND WITH LAUNCH OF CENTRICA BUSINESS SOLUTIONS.  Full Article

Centrica Says Chief Executive Of Centrica Business Mark Hanafin To Retire
Thursday, 5 Jul 2018 

July 5 (Reuters) - Centrica PLC ::MARK HANAFIN, CHIEF EXECUTIVE, CENTRICA BUSINESS, TO RETIRE FROM CENTRICA PLC.MARK HANAFIN, CHIEF EXECUTIVE, CENTRICA BUSINESS HAS ELECTED TO RETIRE FROM COMPANY AT END OF MARCH 2019.PROCESS TO APPOINT MARK'S SUCCESSOR HAS BEGUN AND THIS WILL BE ANNOUNCED SEPARATELY IN DUE COURSE.  Full Article

UPDATE 2-Investors ditch European shares as political risk bursts

LONDON, Dec 10 Investors took cover and ditched European shares on Monday as a burst of political risk with a key vote on Brexit being delayed and unrest over the weekend in France added to concerns over global growth and U.S-Chinese trade tensions.