27 July 2023

  • Centrica saw strong operational and financial performance in the first half of 2023, benefiting from a balanced portfolio
  • Adjusted basic EPS of 25.8p, up from 11.0p in 2022
  • Closing adjusted net cash of £3.1bn compared to £1.2bn at the end of 2022.
  • Interim dividend up 33% to 1.33p per share.
  • Share buyback programme extended by £450m
  • Centrica outlines a green-focused investment strategy with annualised investment building to £600m-£800m until 2028
  • 2023 full year adjusted earnings and free cash flow expected to be heavily weighted towards H1

“Our integrated portfolio of businesses and the relentless focus from our 20,000 amazing colleagues has enabled us to deliver another strong financial performance, which includes significant one-off recovery of past costs through the UK price cap mechanism. I'm proud of the incredible work our colleagues do every day to help customers struggling with the cost-of-living crisis. We are doing more than any other UK energy company – and we will continue to be there when our customers need us.”

Chris O'Shea, Group Chief Executive

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  • 2023 Preliminary Results announcement

    PDF - 685 kb

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  • 2023 Interim Results presentation slides

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  • 2023 Interim Results strategy slides

    PDF - 6.40 mb

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