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Centrica to publish first-half trading statement on Thursday
http://www.independent.co.uk/news/business/sharewatch/the-week-ahead-sainsburys-expected-to-deliver-solid-update-847924.html
THURSDAY: Centrica, the owner of British Gas, is due to publish a first-half trading statement. The company published a detailed interim management statement in May and analysts expect little new information on the energy supplier's performance. The key focus, therefore, will fall on the group's outlook.
"This could include bill increases," UBS said. "Given strong increases in commodity prices, we expect bill increases in the second half of the year. The company could make a comment on the size and timing."
According to the broker, updates may also be forthcoming on customer numbers, the Centrica Energy business and on legacy industrial and commercial gas sales contracts.
THURSDAY: Centrica, the owner of British Gas, is due to publish a first-half trading statement. The company published a detailed interim management statement in May and analysts expect little new information on the energy supplier's performance. The key focus, therefore, will fall on the group's outlook.
"This could include bill increases," UBS said. "Given strong increases in commodity prices, we expect bill increases in the second half of the year. The company could make a comment on the size and timing."
According to the broker, updates may also be forthcoming on customer numbers, the Centrica Energy business and on legacy industrial and commercial gas sales contracts.
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