Centrica postpones investor event to focus on commodity price crisis

摘要

UK utility Centrica has postponed a capital markets event in Novemberbecause of the current energy price crisis, it said in a statement on theLondon Stock Exchange Oct. 13.Underlining its prudent hedging strategy and strong balance sheet,nevertheless the company said it was taken up with dealing with theimmediate situation.“In this current unprecedented commodity price environment weremain focused on looking after our residential and businesscustomers, whilst working as part of wider industry efforts in the UK tosupport the customers of failed suppliers and drive the regulatoryreforms which are urgently required to make sure this situation neverrecurs,” said Centrica Group Chief Executive Chris O’Shea.