Article 73P2R British Gas owner pauses share buyback as profits plummet

British Gas owner pauses share buyback as profits plummet

by
Jillian Ambrose Energy correspondent
from World news | The Guardian on (#73P2R)

Drop of almost 39% for Centrica comes after mild weather meant households used less gas and electricity

The owner of British Gas has paused its plan to buy back shares from shareholders after the company's full-year profits slumped by almost 39%.

Centrica reported adjusted earnings of 1.42bn for 2025, down from 2.3bn the year before, after a challenging" year for the business as it undertakes a series of multibillion-pound investments.

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