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Centrica is a top 30 FTSE100 company with growing energy businesses in the UK and North America.
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Our vision is to be the leading integrated energy company in our chosen markets
“We will continue to carefully target our capital at areas which we believe can provide strong returns for our shareholders, and on areas where we have a leadership position and which are key to UK security of supply, such as gas storage and renewable generation. And in these difficult economic times we will remain cognisant of and sensitive to the needs of our customers.
- Strong UK downstream performance from British Gas; established retail price leadership position
- Direct Energy impacted by low-commodity prices and one-off charge downstream
- Upstream results lower due to weak wholesale commodity price environment
- Improved agreement to acquire a 20% stake in British Energy for £2.3bn
- Disposal of 51% stake in SPE for €1,325m
- Announced disposal of remaining downstream businesses in continental Europe
- £1.3bn cash offer made for Venture Production plc
- Raising new skilled and ‘green-collar’ job commitment to over 3,000
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