Why did Centrica plc (CNA) shares fall 3%?

In trending news on UK stocks, Centrica PLC (GB:CNA) shares fell by around 3%, as of writing, after the company maintained a cautious outlook for i...

Why did Centrica fend off a shareholder revolt?

British Gas owner Centrica has fended off a potential shareholder revolt over its chief executive’s £8.2 million pay deal last year, as campaigners branded the pay packet “fundamentally wrong”. Chris O’Shea saw his pay package nearly double from £4.5 million in 2022.

Will Centrica achieve a sustainable operating profit range in 2024?

Centrica mentioned that all its Retail Supply and Optimisation businesses will reach their medium-term sustainable adjusted operating profit ranges in 2024, two years before the targeted schedule. Meanwhile, its British Gas Services and Solutions division is projected to achieve improved financial results compared to last year.