OverviewSuggest Edit

Centrica is an integrated energy and services company. It supplies gas and electricity to residential, business, and industrial customers, as well as provides energy-related services and engages in power generation activities. The company provides installation, repair, and maintenance services for domestic central heating, plumbing and drains, gas appliances, and kitchen appliances; heating, ventilation, and air conditioning equipment; water heaters and solar power generating equipment, and breakdown services. It engages in the procurement, trading, and optimization of energy, and supplies energy efficiency solutions and technologies to residential customers. The company also produces and processes gas and oil and develops new fields to maintain reserves in Europe and North America. Additionally, it engages in gas storage activities and generates power from combined cycle gas turbines, wind, and nuclear assets.
TypePublic
Founded1997
HQWindsor, GB
Websitecentrica.com
Employee Ratings3.1

Latest Updates

Employees (est.) (Dec 2019)29,147
Job Openings170
Revenue (FY, 2019)£22.7 B(-23%)
Share Price (Oct 2020)$29.3 (-2%)
Cybersecurity ratingCMore

Key People/Management at Centrica

Mike Young

Mike Young

Group Chief Information Officer
Chris O'Shea

Chris O'Shea

Group Chief Executive & Director
Jill Shedden

Jill Shedden

Group HR Director
Johnathan Ford

Johnathan Ford

Group Chief Financial Officer & Director
Justine Campbell

Justine Campbell

Group General Counsel & Company Secretary
Carol Arrowsmith

Carol Arrowsmith

Non-Executive Director
Show more

Centrica Office Locations

Centrica has offices in Windsor, Salford, Staines, Stretford and in 9 other locations
Windsor, GB (HQ)
Millstream, Maidenhead Road
Salford, GB
Edison House, 2 Daniel Adamson Rd
Staines, GB
20 Kingston Rd
Stretford, GB
Talbot Rd
Antwerpen, BE
Posthofbrug 12
Brussel, BE
Wetenschapsstraat 14A
Show all (14)

Centrica Financials and Metrics

Centrica Revenue

Embed Graph
View revenue for all periods
Centrica's revenue was reported to be £22.67 b in FY, 2019 which is a 23.6% decrease from the previous period.
GBP

Revenue (FY, 2019)

22.7b

Revenue growth (FY, 2018 - FY, 2019), %

(23.6%)

Gross profit (FY, 2019)

3.2b

Gross profit margin (FY, 2019), %

14.1%

Net income (FY, 2019)

(1.1b)

EBIT (FY, 2019)

(849.0m)

Market capitalization (19-Oct-2020)

7.9b

Closing stock price (19-Oct-2020)

29.3

Cash (31-Dec-2019)

1.3b

EV

11.9b
Centrica's current market capitalization is $7.9 b.
Annual
GBPFY, 2017FY, 2018FY, 2019

Revenue

28.0b29.7b22.7b

Revenue growth, %

3%6%(24%)

Cost of goods sold

23.8b25.6b19.5b

Gross profit

4.2b4.1b3.2b
Half Year
GBPH1, 2018H1, 2019

Revenue

15.3b11.6b

Cost of goods sold

13.1b10.1b

Gross profit

2.3b1.4b

Gross profit Margin, %

15%12%
Annual
GBPFY, 2017FY, 2018FY, 2019

Cash

2.9b1.3b1.3b

Accounts Receivable

2.1b2.0b2.1b

Inventories

409.0m459.0m431.0m

Current Assets

9.2b8.7b8.3b
Half Year
GBPH1, 2018H1, 2019

Cash

1.5b715.0m

Inventories

347.0m334.0m

Current Assets

8.0b7.0b

PP&E

4.1b4.2b
Annual
GBPFY, 2017FY, 2018FY, 2019

Net Income

303.0m242.0m(1.1b)

Depreciation and Amortization

1.8b1.0b2.3b

Inventories

(56.0m)(43.0m)(14.0m)

Accounts Payable

29.0m884.0m(385.0m)
Half Year
GBPH1, 2018H1, 2019

Net Income

238.0m(521.0m)

Depreciation and Amortization

550.0m775.0m

Inventories

62.0m118.0m

Accounts Payable

(447.0m)(875.0m)
GBPFY, 2017

EV/EBIT

26.2 x

EV/CFO

6.9 x

Revenue/Employee

760.0k

Debt/Equity

1.8 x

Debt/Assets

0.3 x

Financial Leverage

6 x

P/E Ratio

0.3
Show all financial metrics

Centrica Operating Metrics

FY, 2016H1, 2017FY, 2017H1, 2018FY, 2018H1, 2019FY, 2019

Total Customer Accounts

27.54 m27.42 m26.59 m26.32 m26.28 m26.31 m

Net Customer Additions

722 k

Centrica Consumer Customers

12.52 m12.51 m

Centrica Business Customers

503 k512 k
Show all operating metrics

Centrica Acquisitions / Subsidiaries

Company NameDateDeal Size
Vista SolarSeptember 05, 2018
REstoreNovember 03, 2017€70 m
FlowGemAugust 30, 2016£13 m
ENER-G Cogen InternationalMay 16, 2016£145 m
Neas Energy A/SApril 25, 2016kr1.60 b
Bounce EnergyJuly 31, 2013$46 m
Cool Planet TechnologiesNovember 15, 2010£500 k
Oxxio Nederland bvJune 05, 2006
Dyno-RodSeptember 30, 2004£57.60 m
Centrica StorageFebruary 24, 2003
Show more

Centrica Cybersecurity Score

Cybersecurity ratingPremium dataset

C

79/100

SecurityScorecard logo

Centrica Revenue Breakdown

Embed Graph

Centrica revenue breakdown by business segment: 52.2% from Centrica Consumer, 44.4% from Centrica Business and 3.4% from Other

Centrica revenue breakdown by geographic segment: 5.6% from Canada, 5.5% from Rest of the World, 38.0% from United States of America, 46.0% from UK and 4.8% from Other

Centrica Online and Social Media Presence

Embed Graph

Centrica News and Updates

EXL Renews its Strategic Partnership with Centrica

LONDON and NEW YORK, Aug. 11, 2020 (GLOBE NEWSWIRE) -- EXL [NASDAQ: EXLS], a leading operations management and analytics company, today announced a five-year contract extension to continue providing a comprehensive suite of services and solutions to Centrica. EXL will leverage domain, digital and …

London Markets: Centrica soars on U.S. energy unit sale but U.K. stocks sink as China hits back over consulate closure

British Gas owner Centrica soared on plans to sell its U.S. energy arm, but the broader U.K. stock market slumped amid rising U.S.-China tensions.

British Gas owner Centrica to sell US business for £3bn

Centrica has today announced that it will sell US subsidiary Direct Energy for £2.8bn as it attempts to restructure after The post British Gas owner Centrica to sell US business for £3bn appeared first on CityAM.

British Gas owner Centrica plans new digital-only energy brand

British Gas owner Centrica will attempt to win back the hundreds of thousands of customers it has lost over the The post British Gas owner Centrica plans new digital-only energy brand appeared first on CityAM.

British Gas owner Centrica to cut 5,000 jobs

British Gas owner Centrica has said that it will cut 5,000 jobs this year as it seeks to restructure its The post British Gas owner Centrica to cut 5,000 jobs appeared first on CityAM.

Centrica Pauses Spirit Energy Sale and Cancels Dividend

Centrica Pauses Spirit Energy Divestment and Cancels Dividend
Show more

Centrica Blogs

On the road to Net Zero: Ford and Centrica to offer new electric vehicle services in UK and Irish markets

Workflow:  Published Hide on search:  Article type:  Press Release

2019 Interim Results

Topic:  Investors Hero image:  Hide on search:  Workflow:  Published Teaser image: 

Interim Results 2019

Topic:  Investors Hero image:  Hide on search:  Workflow:  Published Teaser image: 

Climate, Energy and the World Order

Workflow:  Published Hide on search:  Article type:  Speeches & Blogs

How our customers are driving growth of smart solutions and services that benefit their needs

Workflow:  Published Hide on search:  Article type:  Speeches & Blogs

Getting carers connected

Workflow:  Published Hide on search:  Article type:  Speeches & Blogs
Show more

Centrica Frequently Asked Questions

  • When was Centrica founded?

    Centrica was founded in 1997.

  • Who are Centrica key executives?

    Centrica's key executives are Mike Young, Chris O'Shea and Jill Shedden.

  • How many employees does Centrica have?

    Centrica has 29,147 employees.

  • What is Centrica revenue?

    Latest Centrica annual revenue is £22.7 b.

  • What is Centrica revenue per employee?

    Latest Centrica revenue per employee is £777.9 k.

  • Who are Centrica competitors?

    Competitors of Centrica include Goldwind, Engie Portugal and E.ON.

  • Where is Centrica headquarters?

    Centrica headquarters is located at Millstream, Maidenhead Road, Windsor.

  • Where are Centrica offices?

    Centrica has offices in Windsor, Salford, Staines, Stretford and in 9 other locations.

  • How many offices does Centrica have?

    Centrica has 14 offices.