Strong 2021 financial results forecast to continue to year end
The year to date result has been driven by:
- Sales: Strong performance, particularly through our key partner and indirect sales channels
- Procurement margin: Strong, effective energy management performance particularly during the current energy price crisis has led to significant procurement gains
- Other margin: Material increase to industry-led Power non-commodity costs
- Orsted acquisition: Actual Orsted balances transferred favourable versus bid estimates
- Global costs: Stringent cost control, restructure savings and effective bad debt management
