Centrica PLC (OTCPK:CPYYY)
$ 6.51 -0.0825 (-1.25%) Market Cap: 8.32 Bil Enterprise Value: 4.88 Bil PE Ratio: 5.81 PB Ratio: 1.38 GF Score: 73/100

Full Year 2020 Centrica PLC Earnings Call Transcript

Feb 25, 2021 / 10:30AM GMT
Release Date Price: $2.83 (-5.03%)
Chris Oâ;Shea
Centrica plc - Group Chief Executive & Director

Hi. Good morning, everyone. I'm delighted to be joined by our Group CFO, Kate Ringrose; and our Chairman, Scott Wheway for the question-and-answer session. And I'm sure you've all had a chance to look at the results and to look at the presentation. So I would suggest that we dive straight in to take your questions. So Emma, if you could let people know how to do that, and we'll get going. So thank you.

Questions & Answers

Operator

(Operator Instructions) Your first question today is from the line of Alex Leng of UBS.

Alex Leng
UBS Investment Bank, Research Division - Associate Analyst

Yes, Alex here from UBS. I have 3 questions from me, if possible, please.

Just first, you obviously are not giving guidance for 2021, but you have flagged GBP 100 million to GBP 120 million of new negatives today, which would be 1/4 of your operating profit for the continuing business. But then you also state potential restructuring savings

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