WINDSOR (dpa-AFX) - Centrica plc (CNA.L) reported Thursday a sharply-lower 2011 profit before tax of 1.27 billion pounds compared to 2010's 2.81 billion pounds. Adjusted pretax profit went up to 2.06 billion pounds from 1.93 billion pounds. Per-share earnings fell to 8.1 pence from 37.3 pence a year ago, while adjusted per-share earnings edged up to 25.6 pence from 25.0 pence.
Group revenue for the year was 22.82 billion pounds, rising from the prior-year's 22.42 billion pounds thanks to growth in Upstream UK revenues. Downstream UK revenues fell to 12.32 billion pound from 12.73 billion pounds.
The company's Board also proposed an 8 percent hike in full-year dividend to 15.4 pence per share.
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