The gas and electricity supplier also reported an improvement in cost savings by roughly £50m.
Shares in
Amid ongoing pressure from smaller fast-growing competitors,
However, yesterday the utilities giant told the City that the rate at which accounts were being lost was "significantly lower" than it was during the same period last year.
The firm is also trimming planned investment spend by £100m to £800m. Adjusted operating cash flow is expected to be in the lower half of £1.8bn to £2bn range and net debt within £3bn to £3.5bn targeted range.
"Whilst Centrica's trading is in line with expectations, we see today's reassuring update as a first step forward, after several profit warnings," said Jefferies in a research note.
Chief executive
"I am encouraged by further growth in customer accounts and the recovery of business energy supply margins in
(c) 2019 City A.M., source