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

CENTRICA PLC

(CNA)
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Centrica : introduces new low-cost, 'hassle-free' brand British Gas Evolve; The new service will offer 100% renewable electricity and help customers reduce their usage and carbon footprint

10/07/2020 | 11:28am EST

Centrica has launched a new low-cost, 'hassle-free' brand called British Gas Evolve.

That follows the testing of a trial version of the new service through British Gas X by 17,000 residential customers.

British Gas Evolve will firstly launch to a limited number of customers on third-party websites, with a full launch to be rolled out later this year.

The new brand will start by supplying 100% renewable electricity and aims to later create other offerings to help customers reduce their usage and carbon footprint.

These include time-of-use tariffs and pricing that moves with supply and demand.

The provider says its ambition is to be the largest energy supplier in Britain for residential and small businesses.

Peter Simon, Managing Director of New Energy Platforms at Centrica said: "Sustainability, now and for the future, is core to our business, and we are striving to ensure our energy supply brands play an integral part in helping our business and our customers reduce their emissions for a zero-carbon future."

https://www.energylivenews.com/

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(C) 2020 M2 COMMUNICATIONS, source M2 PressWIRE

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Financials
Sales 2020 25 419 M 34 021 M 34 021 M
Net income 2020 -206 M -276 M -276 M
Net Debt 2020 2 551 M 3 415 M 3 415 M
P/E ratio 2020 -25,0x
Yield 2020 0,95%
Capitalization 2 656 M 3 544 M 3 555 M
EV / Sales 2020 0,20x
EV / Sales 2021 0,29x
Nbr of Employees 25 835
Free-Float 99,9%
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Technical analysis trends CENTRICA PLC
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 15
Average target price 53,88 GBX
Last Close Price 45,50 GBX
Spread / Highest target 42,9%
Spread / Average Target 18,4%
Spread / Lowest Target -14,3%
EPS Revisions
Managers
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
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