Centrica profit forecast

Written by  John McKay
Thursday, 15 December 2016
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Dec 15 (LNGJ) - Centrica, the UK-based utility, energy company and LNG buyer, said it continued to make good progress on its strategic priorities and now expects to exceed its original 2016 financial targets. It said adjusted operating cash flow is expected to be in the range of 2.4-2.6 billion pounds ($3.00Bln-3.25Bln). Centrica expects full-year 2016 adjusted earnings per share to be around 16.5 pence. “We have made considerable progress in reshaping our portfolio and capabilities to deliver a robust platform for customer-focused growth,” said Chief Executive Iain Conn.

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