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4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Centrica    CNA   GB00B033F229

CENTRICA (CNA)
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UK must act to stop energy companies overcharging loyal customers - Clark

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10/05/2017 | 10:11am CET

The British government has a duty to act to stop energy companies taking advantage of their loyal customers by overcharging them, business secretary Greg Clark said on Thursday.

He was speaking after the government announced an energy price cap policy that was strongly criticised by energy firms whose share prices fell on the news.

"A lot of people see themselves as loyal customers and because the companies know that they're loyal ... they are overcharging them," Clark told Sky News.

"Faced with that evidence, I think you've got a duty to act.

(Reporting by Estelle Shirbon; editing by Kate Holton)

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Financials ( GBP)
Sales 2017 27 506 M
EBIT 2017 1 347 M
Net income 2017 599 M
Debt 2017 2 951 M
Yield 2017 8,64%
P/E ratio 2017 12,62
P/E ratio 2018 9,82
EV / Sales 2017 0,39x
EV / Sales 2018 0,38x
Capitalization 7 812 M
Chart CENTRICA
Duration : Period :
Centrica Technical Analysis Chart | CNA | GB00B033F229 | 4-Traders
Technical analysis trends CENTRICA
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 20
Average target price 1,63  GBP
Spread / Average Target 17%
EPS Revisions
Managers
NameTitle
Iain C. Conn Chief Executive Officer & Director
Richard Neil Haythornthwaite Chairman
Jeff Bell Group Chief Financial Officer & Director
Charles Cameron Director-Technology & Engineering
Mike Young Group Chief Information Officer
Sector and Competitors
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CENTRICA-39.56%10 491
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NATIONAL GRID PLC-7.63%39 706
ELECTRICITÉ DE FRANCE22.72%38 073
SEMPRA ENERGY15.69%28 934
E.ON43.88%23 997