EnergyWatch

Centrica books billion-pound loss in first half

Despite reporting a major net loss in the first half of 2022, the British power company’s interim statement shows a clear advance on adjusted earnings.

Photo: PR Centrica

Pretty much everyone not living under a rock in recent months has noticed that this year’s energy markets have been turbulent, to put it mildly.

Such has also been very tangible for British power utility Centrica Plc., presenting a half-year financial statement showing both the ups and downs of both high and volatile market prices.

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