Centrica Reports Profit Drop and Pauses Buyback for Infrastructure Investments
Centrica's operating profit for the year ending December 2025 fell to £814 million from £1.5 billion. Adjusted EBITDA decreased to £1.4 billion, affected by warmer weather and commodity prices. The company increased its dividend by 22% to 5.5p per share and paused its buyback program to focus on major projects like Sizewell C and Grain LNG. Capital expenditure rose significantly, leading to a free cash outflow of £167 million. Adjusted net cash decreased to £1.5 billion by year-end.
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Centrica's operating profit for the year ending December 2025 dropped to £814 million from £1.5 billion, with adjusted EBITDA falling to £1.4 billion. The retail segment's adjusted EBITDA was £574 million, down from £611 million, while UK Home Energy Supply saw adjusted EBITDA reduce to £224 million.
The company increased its full-year dividend by 22% to 5.5p per share but paused its buyback program to redirect funds towards infrastructure projects like the £1.3 billion Sizewell C nuclear project and a £200 million stake in the Grain LNG terminal. Capital expenditure rose to £1.23 billion, resulting in a free cash outflow of £167 million.
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