Centrica reports preliminary results for 2010

Multinational utility company Centrica has posted its preliminary results for the year ended 31 December 2010.

Operating profit was £3,074m, representing an increase from £1,175m in 2009.

Earnings were recorded at £1,942m, showing a substantial increase in comparison to £856m recorded in the previous year.

Basic earnings per ordinary share were 37.6p, up from 16.5p in 2009.