CENTRICA PLC (CNA) Shares

ABOUT CENTRICA PLC

? Centrica plc is an energy and energy-related services company.

? The company is the United Kingdom’s largest electricity and gas supplier in the domestic market. Its brands include Bord Gáis Energy in Ireland, Scottish Gas in Scotland as well as and British Gas in England and Wales.

? In addition to its energy solutions and services, the company’s portfolio also offers maintenance services for plumbing and drains, central heating, air conditioning and ventilation, gas appliances and heating equipment.

? Centrica also offers sea freight water transport services, gas storage, construction and exploitation of infrastructure, and several other services.

? The company operates in the United Kingdom, Canada, the United States, Germany, the Republic of Ireland, Norway, the rest of Europe and internationally.

? Centrica plc is a constituent of the FTSE 100 Index.

? The company employs approximately 30 000 people (of which several are engineers and technicians) that serves its more than 26 million customers.

? Centrica is headquartered in Windsor, Berkshire. 

OVERVIEW OF CENTRICA PLC

• In 1812 the Gas Light and Coke Company is incorporated.

• For more than a century the company buys numerous gas companies and grows to be Greater London’s primary gas supplier. Under the Gas Act 1948, Gas Light and Coke Company’s ownership is transferred to North Thames Gas Board, a government company.

• In 1973 these gas boards merge to become British Gas Corporation. In 1986 private investors purchases the company.

• In 1997 British Gas demerges into three different companies of which the gas sales and trading company is named Centrica plc. It also operates the gas production fields in North and South Morecambe.

• Through the British Gas brand, Centrica supplies electricity to domestic customers from 1998. The same year the company buys the AA for a price of £ 1.1 billion.

• In 2001 OneTel, a telecoms operator from the United Kingdom, is purchased.

• During the next few years the company buys Direct Energy for a price of £ 406 million, Enbridge Services for a price of £ 437 million and the Dyno franchise group.

• Numerous more acquisitions take place and the company quickly expands its portfolio into the successful one that it is today.

VISION & VALUES OF CENTRICA PLC

• Centrica plc operates responsibly and its mission is to have a valuable impact on its communities and environment.

• The company is in the process of using energy more cautiously, tackle climate change and building an overall more sustainable future.

• Centrica plc values success, its employees and their safety, its customers’ needs and trust as well as its responsibilities.

• The company acts with integrity and high moral values.

MARKET PERFORMANCE OF CENTRICA PLC

• Centrica plc trades on the Financial Times Stock Exchange under the FTSE stock symbol “CNA”.

• Data analysis for the company’s first half ending 30 July 2019, reports an adjusted revenue of £ 13,808 million.

• Adjusted operating profit is £ 399 million. Adjusted earnings are £ 134 million. Adjusted operating cash flow is £ 744 million.

• Group net debt is £ 3,376 million. Adjusted earnings are 2.4p per share.