Sam Laidlaw
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Centrica boss Sam Laidlaw on profits jump

British Gas made operating profits of £585m for the first half of 2010, up 98% on the same period last year.

The company, which supplies gas to more than half of the country's households, won new customers and benefited from the cold winter.

British Gas's parent company, Centrica, also saw a big increase in profits, up 65% to £1.56bn.

Its chief executive, Sam Laidlaw, told the BBC: "This is a much bigger group than we had a year ago - a 40% increase in the size of the group as a result of the acquisitions that we did last year."

  • 28 Jul 2010