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Share Price Information for Good Enrg (GOOD)

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Share Price: 256.00
Bid: 252.00
Ask: 260.00
Change: 1.00 (0.39%)
Spread: 8.00 (3.175%)
Open: 255.00
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Good Energy Group posts energetic first half numbers

Tue, 13th Sep 2016 16:09

(ShareCast News) - Renewable energy supplier and generator Good Energy Group posted its interim results for the six months to 30 June on Tuesday, with revenue rising 40% to £45.6m.The AIM-traded firm's gross profit was up 50% year-on-year to £15.3m, with its gross profit margin improving to 33.5% from 31.3%.EBITDA was up 72% to £6.2m, and operating profit grew 60% to £3.6m.Good Energy's basic earnings per share were up 204% to 7.9p during the period, and its board declared an interim dividend in line with last year's interim results at 1p.Net debt did grow marginally over 2015, however, by 1% to £50.7m."As our continued customer growth demonstrates, UK consumers are increasingly moving away from fossil fuels and choosing Good Energy, with its award winning customer service and dedicated focus on 100% renewable electricity," said CEO Juliet Davenport."We continue to invest in the company as we build our digital capacity and we expect that the first stage of our system investment will be completed before the end of the year."Additional rollouts will occur across the company in 2017," she explained.Davenport said the board felt optimistic about the opportunities this investment provides as the UK energy market transitions to SMART."Our strong results supported by our recently oversubscribed share offer, investment in systems and continued focus on internal efficiencies, innovation and customer service excellence will help Good Energy successfully meet the changing demands of the UK energy market."The outlook for the remainder of the year remains positive and we remain confident of achieving the market's full year expectations," she said.
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18 Mar 2016 11:37

Good Energy customer numbers surge but profit slips

(ShareCast News) - AIM-listed Good Energy posted a 44% rise in customer numbers in 2015 as more people opted to sign up with smaller energy firms. In its preliminary results for the 12 months to the end of December, the renewable energy company said customer numbers rose to 219,400 from 152,500 in 2

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18 Mar 2016 08:43

Good Energy Profit Down But Revenue And Customer Numbers Increase

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22 Feb 2016 15:16

Independent Energy Suppliers Capitalise On High Levels Of Switching

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12 Feb 2016 16:07

Good Energy Makes Deeper Cut To Gas Prices Than Big Six Suppliers

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12 Feb 2016 16:03

Good Energy cuts gas prices 7.2%

(ShareCast News) - Good Energy has followed larger energy supply rivals like British Gas and E.On with its own 7.2% cut to gas prices. The AIM-listed renewable energy supplier said it would cut gas prices for new and existing domestic customers from 1 April, with the result being an annual saving of

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29 Jan 2016 09:09

Good Energy Commissions New Five-Megawatt Solar Farm In Dorset

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31 Dec 2015 07:45

Good Energy Group Shares To Start Trading On ISDX Thursday (ALLIPO)

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