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financials
March 12, 2021
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.
February 25, 2021
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.
January 14, 2021
Centrica hit by 15% drop in electricity demand among UK business customers
British Gas owner Centrica said electricity demand among its UK business customers was down by around 15% in the second half of 2020.
October 9, 2020
Centrica takes controversial ‘fire and rehire’ process off the table until at least 2021
Centrica has pushed back its controversial ‘fire and rehire’ plan to January 2021, in an effort to focus on negotiations and avoid strike action.
August 26, 2020
EV segment proves particularly resilient as Alfen posts strong results
Alfen has posted significant increases in its smart grid, energy storage and electric vehicle (EV) charger solutions segments according to its most recent financial results.
August 5, 2020
Nottingham City Council covers beleaguered Robin Hood Energy’s £24m debt
Nottingham City Council has written off its energy supplier Robin Hood Energy’s £24 million debt.
July 30, 2020
Drax posts 'robust' results despite £44m COVID-19 hit
Drax posts stable results for H1 2020 as its adjusted EBITDA jumps 30% despite an estimated £44 million COVID-19 hit.
July 23, 2020
Iberdrola profits continue to climb despite €153 million ‘adverse impact’ of COVID-19
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.
March 27, 2020
Robin Hood Energy posts £23.1m loss in ‘very disappointing’ results
Robin Hood Energy confirmed this week that it lost £23.1 million in the year April 2018 to March 2019.
February 26, 2020
Iberdrola’s net profit surges by 13% on the back of strong renewables and network performance
Spanish energy giant Iberdrola saw increases in profit across all of its markets in 2019, including in the UK.
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