25 February 2021 - final results

The group's results for 2020 came in pretty much in line with forecasts with an adjusted earnings per share figure of 6.5p being reported.  No dividend has been declared for the year although the company hopes to be able to return to the dividend list in 2021.  The sale of the Direct Energy business after the year end will have significantly reduced debt but this disposal will also mean that profits will decline in 2021 with earnings per share expected to fall to around 5.3p.  Having said that, the company has not . . .

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