British Gas profits up 3.2%
British Gas' residential business increased profits by 3.2% to £356 million in the first half of the year, parent company Centrica has announced.
Centrica expected to announce rise in profits
Energy firm Centrica is expected to announce pre-tax profits rose 1.4 percent to £350 million compared with the same period last year for its British Gas residential arm.
The forecast rise does not entirely reflect gains from heavy winter gas usage, which are likely to have been offset by the cost of a new obligation to deliver energy efficiency measures in customers' homes, Deutsche Bank analysts said.
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