Centrica hikes dividend despite plunge in profit

  • Centrica PLC (LSE:CNA) shares fell 1.2% after the British Gas owner reported lower profits and cash flow in the first half of the year, but increased its interim dividend 22% as it felt this was a resilient performance in a challenging market. Adjusted EBITDA of £0.9 billion was down 36% from the prior year, while adjusted operating profit roughly halved to £549 million.