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Good Energy Group PLC Ord 5P (GOOD)

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15-Sep-2020 08:35 AM

Good Energy pulls dividend after swinging to loss as higher costs weigh

Energy company Good Energy pulled its interim dividend after swinging to a first-half loss as a jump in costs offset a climb in revenue. For the six months ended 30 June, the company reported pre-tax loss of £0.5m compared with a profit of £2
30-Jun-2020 10:01 AM

Good Energy sees 'first signs' of pick-up in demand; underlying profit meets expectations

Renewable electricity supplier Good Energy reported that underlying profitability in the year to date had been in line with management's expectations and said it had started to see the 'first signs' of pick-up in demand. A range of &apo
04-Jun-2020 09:55 AM

Good Energy Group defers dividend again amid ongoing pandemic

Renewable electricity supplier Good Energy Group further deferred its dividend in the wake of ongoing Covid-19 pandemic. The decision on the dividend would be reviewed following the publication of the company's interim results in September 2020. T
10-Sep-2019 09:49 AM

Good Energy profit rises, but decline in domestic customers keeps lid on growth

Renewable electricity supplier Good Energy reported a rise in half-yearly profit even as revenue growth was held back a fall in domestic customers. For the six months ended 30 June 2019, pre-tax profit rose 8% to £2.5m as revenue increased 2.8%
13-Jun-2019 08:34 AM

Good Energy Group expects profits to be weighted toward first half

Good Energy Group said its expected profit to be weighted towards the first half of the year despite warmer than seasonally normal in the first quarter holding back domestic supply and continued price competition denting customer numbers. 'Profit fr
20-Mar-2019 02:22 PM

Good Energy annual profit rises on higher volumes, prices

Renewable energy supplier Good Energy Group booked a rise in annual profit, driven by higher volumes, a price rise and extreme weather conditions. Pre-tax profit for the year through December rose to £1.6m, up from £0.7m on-year, as revenue c
16-Nov-2018 08:25 AM

Good Energy on track to meet full-year expectations

Renewable energy group Good Energy said Friday performance was ahead of management expectations in the 10 months through October, keeping the company on track to meet full-year market expectations. 'The board is pleased to confirm that, in the peri
11-Sep-2018 09:02 AM

Good Energy says profit to be weighted toward first half

Renewable energy group Good Energy shrugged off a bad debt provision as profit rose sharply driven by supply volumes and extreme weather conditions seen early this year. For the six months to 30 June, the company reported a profit before tax of £2.
21-Jun-2018 09:59 AM

Good Energy says profit to be weighted toward H2

Good Energy said is expected profit to be weighted toward the second half of the year following the 'unseasonably' cold winter as it seeks to ramp up investment spending in growth areas. Good Energy said churn trends for retail customer number
21-Mar-2018 02:26 PM

Good Energy swings to a loss amid weak generation performance

Renewable energy group Good Energy swung to an annual loss, hurt by a weak performance at its now-discontinued generation business. Pre-tax losses amounted to £2.73m, compared to a £1.38m profit a year earlier. Revenue from continued operat
22-Dec-2017 07:39 AM

Good Energy sells two solar farms

Good Energy has completed the sale of its 5MW solar farm at Newton Downs Farm near Newton Ferrers in Devon to CORE Aries Limited in partnership with Yealm Community Energy for £5.83m in cash, giving an estimated profit before tax of circa £0.
12-Sep-2017 09:59 AM

Good Energy revenues up 16%

Good Energy Group's revenue rose 16% to £52.0m in the six months to the end of June driven by business volume consumption growth. Gross profit fell to £14.4m (H1 2016: £14.8m) and gross profit margins declined to 28% (H1 2016: 33%
28-Jul-2017 01:44 PM

Good Energy GM deferred

Good Energy and Ecotricity have agreed to a short deferral of the General Meeting requisitioned by Ecotricity. Background: Ecotricity wishes to seek shareholder approval for the appointment of Dale Vince, the founder, sole shareholder and Chief Executiv
27-Jul-2017 02:11 PM

Good Energy's Big Field planning appeal

Good Energy said it has noted the announcement that it has not been successful in its appeal for planning for the Big Field onshore wind farm in Cornwall, that was submitted for planning in 2014. Since that time Good Energy's strategy has moved away
10-Jul-2017 08:11 AM

Good Energy opposes board move by Ecotricity

Good Energy is urging shareholders to reject a move that would put two the owner and senior manager from a direct competitor on the board. Good Energy said a requisition for a general meeting had been received from Ferlim Nominees, acting on behalf of
11-May-2017 10:00 AM

Broker Forecast - Cantor Fitzgerald issues a broker note on Good Energy Group Plc

Cantor Fitzgerald today reaffirms its hold investment rating on Good Energy Group Plc (LON:GOOD) and cut its price target to 267p (from 273p). Story provided by StockMarketWire.com...
10-May-2017 07:45 AM

Good Energy launches second bond

Good Energy Group has announced the launch of its second corporate bond with a coupon of up to 5%. Good Energy was founded 18 years ago with the aim of helping homes and businesses to be part of a sustainable solution to climate change. Good Energy has
21-Mar-2017 08:21 AM

Good Energy revenues up 41%

Good Energy's revenues rose by 41% to £90.4m in the year to the end of December and announced it would bring offshore wind power to customers for the first time through a deal with DONG Energy.4 Good Energy said it saw growth in all areas of t
06-Jan-2017 09:40 AM

Broker Forecast - Cantor Fitzgerald issues a broker note on Good Energy Group Plc

Cantor Fitzgerald today reaffirms its hold investment rating on Good Energy Group Plc (LON:GOOD) and raised its price target to 273p (from 250p). Story provided by StockMarketWire.com...
21-Dec-2016 07:22 AM

Good Energy sees return to more normal trading

Good Energy Group says that while short term trading conditions were tough from late October through to late November it has seen a return to more normal trading conditions in December. The group, which supplies and generates 100% renewable electricity
28-Sep-2016 10:40 AM

Broker Forecast - Cantor Fitzgerald issues a broker note on Good Energy Group Plc

Cantor Fitzgerald today downgrades its investment rating on Good Energy Group Plc (LON:GOOD) to hold (from buy) and left its price target at 250p. Story provided by StockMarketWire.com...
13-Sep-2016 03:30 PM

Broker Forecast - Cantor Fitzgerald issues a broker note on Good Energy Group Plc

Cantor Fitzgerald today reaffirms its buy investment rating on Good Energy Group Plc (LON:GOOD) and set its price target at 230p. Story provided by StockMarketWire.com...
13-Sep-2016 07:37 AM

Good Energy earnings up 72%

Good Energy Group reports strong results for the six months to the end of June and continued demand for its 100% renewable electricity. Revenue rose 40% to £45.6m (H1 2015: £32.6m), reflecting continued customer growth, the sale of Wrotham
21-Jul-2016 08:52 AM

Good Energy reports strong growth

Good Energy (GOOD) reported strong growth in overall customer meter points up 36% to 239,750. HIGHLIGHTS: - Achieved industry-leading customer advocacy scores (net promoter score). - Significantly oversubscribed share offer raising £3.1m. - Incr
24-May-2016 07:32 AM

Good Energy sells 4.65MW solar site in Kent

Good Energy Group has completed the sale of a 4.65MW solar site at Wrotham, near Maidstone, Kent, to a member of the Trina Solar group. The net profit on sale received by the company for the development of the site will be between £430,000 - £480,000, i
 
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