Bord Gáis Energy reports 74% rise in operating profits

25 comments
  1. 74% increase in profits while they’ve upped the price 3 times in the last year.

    Nothing to see here.

  2. Record high profits during record high inflation. Meaningless pointless waste of time article.

    They’re trying to convince us the economy is doing well when in reality anyone with more than 2 braincells can tell this means it’s fucked.

  3. How are they not getting in more trouble for this? Why is the government just letting everyone be fucked by companies and then doing it to us themselves? Absolutely sick of how we’re treated in this country.

  4. They made 33m in adjusted profits according to the article. They have 513k customers in Ireland. So unless I’m missing something that works out at something over 6euro profit per customer for the year. Am I meant to be mad about six euro or what?

    Edit – I am innumerate. Downvote and mock.

  5. So, profits of :

    2020 : £42m on €820m turnover

    2021 : £28m

    2022 : £33m (H1)

    So they’re looking at around 5-8% profit margin in total.

    Please explain to me why you think this is unfair?

    Do you think companies shouldn’t be allowed to make profits at all?

  6. This is theft. This is extortion. This is betrayal.

    They treat us like idiots. We just put up with getting absolutely fleeced by these bastards.

  7. Are the competition authority going to take a look at this? All the energy companies are putting up their rates by similar amounts and are making significant profits, it’s an oligopoly.

  8. ESB should have never been sold. French still have EDF. The government could nationalize the entire energy / gas sector.

  9. This is fucking disgusting. We need to get the fuck away from fossil fuels..need to get me some solar panels.

  10. What about operating margin? A rise isn’t shocking it’s the margin that’s more important if you want to criticize them.

  11. No surprise there, have you seen what they charge us?

    Honestly it’s a disgrace the cost of electricity and gas now and the profits energy companies are making, you’d think they were just trying to keep the lights on themselves with their excuses each price hike.

  12. I’m so angry by this that I think come the next election I will reluctantly vote for FFG instead of enthusiastically like I did the other 7 elections.

Leave a Reply