)
Centrica (CNA) investor relations material
Centrica H1 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Delivered resilient H1 2025 performance amid challenging market conditions, with organic customer growth, improved satisfaction, and ongoing transformation to a leaner, more agile organisation.
Progressed major investments, including £1.3bn in Sizewell C nuclear project, and committed to a £2.5bn–£4bn investment programme to 2028.
Interim dividend increased by 22% to 1.83p, with a £2bn share buyback ongoing and £0.5bn returned to shareholders in H1 2025.
Maintained a strong balance sheet with £2.5bn net cash and robust credit metrics.
Group profitability expected to be weighted to H1, with continued focus on operational excellence, commercial innovation, and value-driven investment.
Financial highlights
Adjusted EBITDA for H1 2025 was £900m (H1 2024: £1,437m); adjusted operating profit £549m (H1 2024: £1,035m); group revenue down 10% to £11,925m.
Adjusted basic EPS 7.0p (H1 2024: 12.8p); statutory basic EPS loss of 5.1p (H1 2024: 25.1p profit).
Free cash flow £244m (H1 2024: £816m); closing adjusted net cash £2,491m (FY 2024: £2,858m).
Interim dividend per share increased to 1.83p (H1 2024: 1.50p); £0.5bn returned to shareholders in H1 2025.
Statutory operating loss of £69m (H1 2024: £1,677m profit) due to £618m net loss on derivative re-measurements and asset impairments.
Outlook and guidance
2025 outlook unchanged: all Retail and Optimisation businesses expected within medium-term profit ranges; Centrica Energy expected at bottom of range, assuming market normalisation.
British Gas Services & Solutions to deliver improved results, targeting AOP range by 2026.
Group profitability expected to be weighted to H1; £1.6bn end-2028 EBITDA run-rate underpinned.
Energy Storage+ loss expected at higher end of £50m–£100m range.
Uncertainties remain around weather, commodity prices, and regulatory changes.
Next Centrica earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)