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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. The company specializes in installation, repair, and maintenance services for domestic central heating, plumbing and drains, gas and kitchen appliances, heating, ventilation, and air conditioning equipment, water heaters, and solar power generating equipment. Centrica is engaged in the procurement, trading, and optimization of energy as well as 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. Additionally, it is engaged in gas storage activities and generates power from combined cycle gas turbines, wind, and nuclear assets.
TypePublic
Founded1997
HQWindsor, GB
Websitecentrica.com
Employee Ratings3.2

Latest Updates

Employees (est.) (Dec 2020)23,200(-20%)
Job Openings823
Revenue (FY, 2020)£12.2 B(-45%)
Share Price (Sept 2021)£0.5
Cybersecurity ratingBMore

Key People/Management at Centrica

Chris O'Shea

Chris O'Shea

Group Chief Executive Officer
Jill Shedden

Jill Shedden

Group HR Director
Kate Ringrose

Kate Ringrose

Group Chief Financial Officer
Scott Wheway

Scott Wheway

Chairman
Stephen Hester

Stephen Hester

Senior Independent Director
Pam Kaur

Pam Kaur

Non-Executive Director
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Centrica Office Locations

Centrica has offices in Windsor, Salford, Staines, Antwerpen and in 7 other locations
Windsor, GB (HQ)
Millstream, Maidenhead Road
Salford, GB
Edison House, 2 Daniel Adamson Rd
Staines, GB
20 Kingston Rd
Antwerpen, BE
Posthofbrug 12
Aalborg, DK
Skelagervej 1
Düsseldorf, DE
Fritz-Vomfelde-Straße 6
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Centrica Financials and Metrics

Centrica Revenue

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Centrica's revenue was reported to be £12.25 b in FY, 2020 which is a 46% decrease from the previous period.
GBP

Revenue (FY, 2020)

12.2b

Revenue growth (FY, 2019 - FY, 2020), %

(46%)

Gross profit (FY, 2020)

3.1b

Gross profit margin (FY, 2020), %

25.5%

Net income (FY, 2020)

(117.0m)

EBIT (FY, 2020)

(362.0m)

Market capitalization (14-Sept-2021)

3.2b

Closing stock price (14-Sept-2021)

0.5

Cash (31-Dec-2020)

1.8b

EV

6.7b
Centrica's current market capitalization is £3.2 b.
Annual
GBPFY, 2018FY, 2019FY, 2020

Revenue

29.7b22.7b12.2b

Revenue growth, %

6%(24%)(46%)

Cost of goods sold

25.6b19.5b9.1b

Gross profit

4.1b3.2b3.1b
Half Year
GBPH1, 2018H1, 2019H1, 2020

Revenue

15.3b11.6b10.7b

Cost of goods sold

13.1b10.1b8.6b

Gross profit

2.3b1.4b2.1b

Gross profit Margin, %

15%12%20%
Annual
GBPFY, 2018FY, 2019FY, 2020

Cash

1.3b1.3b1.8b

Accounts Receivable

2.0b2.1b1.4b

Inventories

459.0m431.0m324.0m

Current Assets

8.7b8.3b10.4b
Half Year
GBPH1, 2018H1, 2019H1, 2020

Cash

1.5b715.0m1.6b

Accounts Receivable

2.2b

Inventories

347.0m334.0m399.0m

Current Assets

8.0b7.0b7.3b
Annual
GBPFY, 2018FY, 2019FY, 2020

Net Income

242.0m(1.1b)(117.0m)

Depreciation and Amortization

1.0b2.3b2.2b

Inventories

(43.0m)(14.0m)4.0m

Accounts Payable

884.0m(385.0m)(571.0m)
Half Year
GBPH1, 2018H1, 2019H1, 2020

Net Income

238.0m(521.0m)(278.0m)

Depreciation and Amortization

550.0m775.0m1.3b

Inventories

62.0m118.0m39.0m

Accounts Payable

(447.0m)(875.0m)(833.0m)
GBPH1, 2018

Debt/Equity

1.3 x

Debt/Assets

0.3 x

Financial Leverage

5 x
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Centrica Operating Metrics

H1, 2018FY, 2018H1, 2019FY, 2019

Total Customer Accounts

26.32 m26.28 m26.31 m

Net Customer Additions

722 k

Centrica Consumer Customers

12.52 m12.51 m

Centrica Business Customers

503 k512 k
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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, 2016kr1.6 b
Bounce EnergyJuly 31, 2013$46 m
Cool Planet TechnologiesNovember 15, 2010£500 k
Oxxio Nederland bvJune 05, 2006
Dyno-RodSeptember 30, 2004£57.6 m
Centrica StorageFebruary 24, 2003
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Centrica Revenue Breakdown

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Centrica revenue breakdown by business segment: 10.8% from Energy Marketing & Trading , 5.9% from Bord Gáis Energy , 64.4% from British Gas, 13.5% from Centrica Business and 5.5% from Upstream

Centrica revenue breakdown by geographic segment: 79.9% from UK, 5.9% from Republic of Ireland, 9.8% from Rest of the World and 4.3% from Other

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Centrica Cybersecurity Score

Cybersecurity ratingPremium dataset

B

85/100

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Centrica Online and Social Media Presence

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Centrica News and Updates

Centrica Drops as U.K. Price Cap on Energy Bills to Be Extended

U.K.’s Price Cap on Energy Bills to Be Extended Beyond 2023

Centrica profits lift as British Gas strike turns down the heat

Centrica has taken home some £1bn in operating profits in the past six months, as industrial actions at subsidiary British The post Centrica profits lift as British Gas strike turns down the heat appeared first on CityAM.

Centrica signs agreement with Cheniere to buy LNG

UK-based Centrica has signed a 20-year agreement with Cheniere Energy Partnersto buy 91,250,000 million btu or 89 billion cubic feet of annual liquefied natural gas.

Centrica Names Cognizant as Exclusive Partner for SAP Business Process Transformation

TEANECK, N.J., May 27, 2021 /PRNewswire/ -- Cognizant (Nasdaq: CTSH) announced today it has been selected by Centrica, a leading international energy services and solutions company, as the sole technology services partner to manage and transform the SAP environment supporting its UK...

Centrica calls on Government to introduce 'Retrofit Fund' to start phasing out gas boilers

Centrica calls on the Government to introduce a Retrofit Fund to transition consumers from gas boilers to hybrid heating systems, initially targeting 5,000 installations by 2024. The company also backs the Committee on Climate Change’s recommendation for 10 million hybrid heating systems to be deplo…

British Gas owner Centrica still suffering from fall in electricity demand

British Gas owner Centrica today said that the pandemic was continuing to heap pressure on its finances, with electricity demand The post British Gas owner Centrica still suffering from fall in electricity demand appeared first on CityAM.
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Centrica Blogs

Subsidy-free Solar PPA in Germany

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

Helping our customers transition to a lower carbon future

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

A day in the life of Ian Shipman

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

Centrica Innovations: EV route planner will make your day

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

Artificial Intelligence and Machine Learning are changing the world of energy

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

Iain Conn, Group Chief Executive Officer, to step down from Centrica plc

Workflow:  Published Hide on search:  Article type:  Press Release
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Centrica Frequently Asked Questions

  • When was Centrica founded?

    Centrica was founded in 1997.

  • Who are Centrica key executives?

    Centrica's key executives are Chris O'Shea, Jill Shedden and Kate Ringrose.

  • How many employees does Centrica have?

    Centrica has 23,200 employees.

  • What is Centrica revenue?

    Latest Centrica annual revenue is £12.2 b.

  • What is Centrica revenue per employee?

    Latest Centrica revenue per employee is £528 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, Antwerpen and in 7 other locations.

  • How many offices does Centrica have?

    Centrica has 12 offices.