StockMarketWire.com - 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 from continuing operations is expected to be weighted towards the first half of the year, despite the warmer Q1 period. Overall, the performance of the group remains in-line with management expectations,' the company said.

The overall cash position remained strong following further cash collection improvements and better than expected working capital utilisation partly on account of the warmer winter, the company said.

The company said it would release its first-half results in September 2019.


At 8:34am: [LON:GOOD] Good Energy Group Plc share price was 0p at 137.5p



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