Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Centrica plc    CNA   GB00B033F229

CENTRICA PLC

(CNA)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Centrica : Workers at Britain's Centrica to stage new series of one-day strikes

01/12/2021 | 06:26am EST
A British Gas sign is seen outside its offices in Staines in southern England

LONDON (Reuters) - Workers at Centrica's British Gas will stage a second series of five one-day strikes in protest over proposed changes to work conditions, the GMB trade union said on Tuesday.

GMB said its members would strike on Jan. 20, Jan. 22, Jan. 25, Jan. 29 and Feb. 1 over what it described as Centrica's plans to "fire and rehire" and cuts to workers' pay and terms.

GMB said around 7,000 Centrica employees took part in a strike last week, mostly engineers and some call staff. It said it expected a similar number for the new round of strike action.

Workers carried out five days of strike action against the proposals at the beginning of January. Centrica employed 27,000 people at end of 2019.

Centrica last year cancelled its dividend and announced plans to cut about 5,000 jobs, almost 20% of its global workforce, and said it would change the terms of worker contracts, as the utility stepped up restructuring in the wake of the COVID-19 pandemic and amid dwindling customer numbers.

GMB said British Gas workers rejected the "fire and rehire" pay cuts with an overwhelming 89% vote to support strike action.

Centrica said over 83% of its workforce had already accepted its new terms.

"This shows most of our people understand that our business needs to change because customer needs are changing," a Centrica spokesperson said via email.

(Reporting by Susanna Twidale; Editing by Louise Heavens and Edmund Blair)

By Susanna Twidale


© Reuters 2021
All news about CENTRICA PLC
01/22CENTRICA : 22 Jan 2021 Centrica, a major innovator in low-carbon energy and the ..
PU
01/22CENTRICA : 22 Jan 2021 Centrica has joined the Hydrogen Taskforce Investor
PU
01/20CENTRICA : British Gas Workers Initiate Further Strikes Against 'Fire and Rehire..
MT
01/18LONDON STOCK EXCHANGE : Energy, travel stocks drag FTSE 100 down
RE
01/1818 JAN 2021 DRIVEWAY DISCRIMINATION : Just 35 on street electric vehicle charger..
PU
01/18CENTRICA : Britain's GMB union to hold seven one-day strikes at British Gas
RE
01/18CENTRICA : Appoints New CFO
MT
01/18CENTRICA : 18 Jan 2021 Centrica announces the appointment of a new Group Chief F..
PU
01/14CENTRICA : Predicts FY20 Adjusted EPS to Beat Market Consensus
MT
01/14CENTRICA : 14 Jan 2021 Resilient financial performance in the second half of 202..
PU
More news
Financials
Sales 2020 24 545 M 33 583 M 33 583 M
Net income 2020 -51,4 M -70,3 M -70,3 M
Net Debt 2020 2 983 M 4 081 M 4 081 M
P/E ratio 2020 -14,3x
Yield 2020 0,71%
Capitalization 2 925 M 3 996 M 4 002 M
EV / Sales 2020 0,24x
EV / Sales 2021 0,32x
Nbr of Employees 25 835
Free-Float 99,9%
Chart CENTRICA PLC
Duration : Period :
Centrica plc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends CENTRICA PLC
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 15
Average target price 56,48 GBX
Last Close Price 50,10 GBX
Spread / Highest target 35,7%
Spread / Average Target 12,7%
Spread / Lowest Target -20,2%
EPS Revisions
Managers and Directors
NameTitle
Christopher O’Shea Group Chief Executive Officer & Executive Director
Jonathan Scott Wheway Chairman
Johnathan Richard Ford Chief Financial Officer & Director
Charles Cameron Director-Technology & Engineering
Mike Young Group Chief Information Officer
Sector and Competitors
1st jan.Capitalization (M$)
CENTRICA PLC7.51%3 996
NATIONAL GRID PLC1.25%42 330
ENGIE4.75%39 022
SEMPRA ENERGY-4.68%35 300
RWE AG6.65%30 725
E.ON SE-3.97%27 765