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annual financial statement
January 29, 2024
Octopus Energy Group FY23 revenues triple with 197% YoY growth
UK-based energy supplier, Octopus Energy Group, has reported a 197% year-on-year increase in revenues for FY23, contributing to a 1.6% profit margin.
February 7, 2023
BP more than doubles recorded annual profit to £23 billion as emissions reduction target gets slashed
Oil and gas giant BP confirmed it more than doubled its annual profit in 2022 to £23 billion ($27.7 billion), up from the £10.6 billion ($12.8 billion) witnessed in 2021, owing to soaring oil and gas prices.
February 27, 2020
Drax to end coal generation in 2021 after debt soared to £841 million in 2019
Drax announces it is to eliminate coal from its generation from next year, as it unveils financial results for 2019.
February 13, 2020
Centrica woes continue as it confirms £849m loss for 2019
Centrica slumped to a £849 million loss in 2019, a performance it blamed on Ofgem’s energy price cap for creating a “challenging environment”.
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Industrial Growth Plan for the offshore wind industry unveiled
Current±’s most read stories of the week: Octopus on its V2G tariff and National Grid DSO’s expansion plan
Wind farm in Scottish Borders to be Britain’s ‘largest’ people-owned renewable project
Investment giants urge next government to boost green investment
Labour will invest £1.8 billion in ports: ‘The most significant upgrade in a generation’