15-12-2016 08:33 via news.yahoo.com

Centrica lifts earnings outlook on cost cuts, strong energy trading

LONDON (Reuters) - Britain's largest energy supplier Centrica lifted its full-year earnings expectations on Thursday due to better than expected cost savings and a strong trading performance amid volatile energy markets. The utility, which owns household energy supplier British Gas, said it now expected 2016 adjusted earnings per share of around 16.5 pence and adjusted operating cashflow of 2.4-2.6 billion pounds ($6.3 billion), compared with more than 2 billion pounds it previously expected. ..
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