A stable sector in a turbulent year, four out of last year's top five have made it back for 2011. Centrica - the firm behind British Gas – made £1.3bn first-half profit but issued a warning in November. Pennon Group, owner of South West Water and waste management business Viridor, posted profits of £188.5m on revenues of £1.16bn in 2011. First-half profits at National Grid – whose new chairman Sir Peter Gershon takes over in January – are up 2% to £935m, and Scottish & Southern Energy has scrapped ‘confusing’ tariffs, to the Energy 52.6 A stable sector in a turbulent year, four out of last year’s top five have made it back for 2011. Centrica – the firm behind British delight of consumers (and energy minister Chris Huhne). Its reward is that planning permission has just been granted for a new power station in West Yorkshire.
BMAC 2011 by sector: Utilities
|Scottish & Southern Energy*||6.5||3||5.8||8||6.4||5||6.2||4|