profit
Big six energy company, SSE, announces profits increase
SSE, one of the big six energy companies, has announced that its profits have risen by two per cent, according to an article published by BBC News. Despite a year in which SSE said it had faced upheaval and the state of ongoing economic uncertainty, it revealed pre-tax profits of £1.33 billion on Wednesday (May ...
E.ON, one of the big six energy companies, reveals shares fall
Following a fall in profits, shares in E.ON - one of the big six energy companies - have dropped by 1.4 per cent, according to an article published by BBC News. Net income during the first quarter fell by 24 per cent - to £1.4 billion. The fall has been attributed to a lower demand ...
E.ON see profits fall for 2011
E.ON has reported a 7.6 per cent fall in their UK profits for 2011. Unexpected mild weather conditions during the winter and rising prices at wholesale are thought to be contributing factors to the dip in profits. According to the Press Association, E.ON's profits came in at £304 million - despite the supplier having increased ...
EDF Energy announces big profits for 2011
EDF Energy - one of the 'big six' energy suppliers - has revealed an increase in profit on its operations in the UK, according to an article published by My Finances. Whilst the company also announced sales of energy were down by eight per cent, it saw profits increase by in excess of eight per ...
Ofgem suggests drop in energy supplier's profit margins
Recent analysis carried out by Ofgem - a supporter of the upcoming Big Energy Week - has suggested that the profit margins enjoyed by energy suppliers have fallen, according to an article published by BBC News. Ofgem have said that energy firms previously made £125 per customer per year in October; however this figure is ...
