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 has posted an almost £32 million loss for 2019, pointing to falling customer numbers as competition in the sector remains strong.
E.On has seen a €300 million (£271 million) adverse impact from the COVID-19 pandemic, split evenly between networks and its customer business.
International utility Iberdrola has seen its net profits increase by 12.2% in the first half of the year despite a 13.6% downturn in Q2.
National Grid is expecting underlying operating profits to take a £400 million hit from the COVID-19 pandemic.
Robin Hood Energy confirmed this week that it lost £23.1 million in the year April 2018 to March 2019.
E.On’s UK customer numbers continued to fall throughout 2019, it announces in a financial statement that also shines a light on the impact of coronavirus.
Centrica’s board is seeing major change as Charles Berry steps down as Centrica chairman, and Iain Conn officially steps down as CEO.
Drax announces it is to eliminate coal from its generation from next year, as it unveils financial results for 2019.