Netherlands-headquartered smart energy management tech company Alfen has raised its revenue guidance for 2022 on the back of a strong half-year’s performance to date.
E.ON has seen it’s profits soar amid the background of continued high wholesale prices, with annual profit growth from £5.2 billion Core EBITDA to between £5.8 billion and £6 billion.
Shell has reported record profits in Q2 2022, as its adjusted earnings hit £9.6 billion ($11.5 billion), up from its previous high of £7.6 billion ($9.1 billion) in Q1.
Centrica’s profits have continued to surge, with its adjusted operating profit increasing more than five-fold over the first six months of 2022 in comparison with the previous year.
SSE has outlined how what it described as its balanced portfolio of electricity assets, infrastructure and integrated business mix have helped it post a “strong performance” during market volatility.
National Grid’s statutory operating profit was up 82% for the 2021/22 financial year to £4.4 billion, boosted by the acquisition of Western Power Distribution (WPD).
Good Energy is renewing its focus on decentralised energy and mobility as its financial results show it has now become debt free on a net basis due to the sale of its generating portfolio.