Centrica is a large multinational energy company based in the United Kingdom. As a constituent member of the FTSE its share price is one of the indicators of the performance of British companies and, therefore, the UK economy as a whole.

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The company is one of the results of the privatisation of British Gas in which previously was vertically integrated having interests in exploration, infrastructure and supply and billing of gas in the UK.

The privatised company was demerged in to form BG plc now BG Group plc and Centrica.

Exploration and infrastructure interests primarily went to BG plc, and gas supply and consumer services, as well as gas production in the north west of England went to Centrica. Centrica operates its UK consumer business under the British Gas brand, while BG Group plc has the rights to the British Gas brand outside of the UK. The company has in the past acquired assets to diversify its portfolio, such as the AA UK , the Goldfish Card credit card and One Tel around the turn of the millennium.

Since then the company has divested these interests and returned its attention to its core energy markets with its major non-energy interest being Dyno-Rod drain and locksmith franchise network. Despite being heavily focussed on the UK the company has significant interests worldwide including Spain, Norway and the USA.

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The company warned that more uncertain times lie ahead for them. Shares in Centrica fell after the company reported falling profits, and slashed its full year dividend by 21 percent.

By the close of trading, the owner of British Gas had seen its share price slip by more than 8 percent. Share prices delayed by at least 15 minutes.

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This site does not provide investment advice, you should consult an Independent Financial Advisor that is authorised and regulated by the Financial Services Authority before making any investments. CNA - Centrica PLC Investor Summary Centrica is a large multinational energy company based in the United Kingdom.

Centrica Slashes Dividend News - Friday, February 20, Shares in Centrica fell after the company reported falling profits, and slashed its full year dividend by 21 percent. Daily Weekly Monthly Yearly. FTSE Latest Value Change 7, CNA Price Details LSE MAIN Listed Equity.