Published On: Thu, Jun 6th, 2024

Lower commodity prices to hit profits at British Gas owner Centrica | City & Business | Finance


Energy giant Centrica has maintained its full year profit forecasts despite the fact that its British Gas and power trading businesses have hit their targets two years early.

At its annual shareholder meeting, it said that results for the second half of its financial year, which runs from July to December, will be affected by lower commodity prices and volatility.

However, it said that after years of volatile energy prices affecting its results, both British Gas and its energy trading business…



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