Centrica Reports 39% Profit Drop, Pauses Share Buyback Amid Major Investments
NATURAL GAS
Centrica, the owner of British Gas, reported a 39% drop in adjusted earnings to £1.4bn for 2025, prompting the pause of its share buyback program. Despite challenging conditions, including lower gas and electricity usage due to milder weather, the company achieved customer growth across its retail divisions. CEO Chris O'Shea emphasized ongoing investments in projects like Sizewell C and Grain LNG, stating long-term opportunities remain strong.

Feb 21, 2026, 10:33 PM