Bulb's losses narrow as its customer base continues to surge
Bulb’s revenues are up 85%, helping to reduce its operating losses to £59 million as its customer base surges.
Articles tagged with: financial results
Centrica sees record profit drop of 31% in 2020
British Gas owner Centrica saw its adjusted operating profit fall 31% in 2020, a record low according to its preliminary results.
Iberdrola lauds record investment as net profit continues growth
Iberdrola has reported continued growth of its net profit to €3.61 billion in a year that saw over 90% of its investments injected into renewables and networks.
Drax drops plan for Europe’s largest new gas plant as it turns its back on fossil fuels
Drax has dropped plans to develop any new gas plants, including its plans to build Europe's biggest CCGT plant as it moves to turn its back on fossil fuels.
EDF records 'solid' financial results as renewables generation remains strong
EDF has recorded what it has described as "solid" financial results as its renewable generation has soared by 6.3%.
Alfen continues strong EV charging growth with 105% increase in 2020 revenues
Alfen has posted its FY 2020 results, with its electric vehicle (EV) charging business continuing to see a significant increase as revenues jump 105%.
SSE on 'strong strategic footing' despite COVID-19 impact of around £200m
SSE is continuing to expect the impact of COVID-19 to sit between £150 million and £250 million.
OVO Group posts £106m loss in 2019, sees revenue from smart meter installations decline
OVO Group has said its 2019 results are “in line” with its financial plan despite recording a loss of £106 million for the year.
Shell Energy posts £32m loss as ‘unsustainable pricing’ draws customers away
Shell Energy has posted an almost £32 million loss for 2019, pointing to falling customer numbers as competition in the sector remains strong.