Bord Gáis reports double-digit growth in profits and sales for 2022

The largest gas supply company in Ireland said its wholesale gas trading business performed strongly last year, while its consumer retail division was loss making

Dave Kirwan, managing director of Bord Gáis Energy. Photograh: Fergal Phillips

Bord Gáis Energy, the privately-owned energy company, recorded double-digit growth in sales and profits for 2022, according to new accounts filed by its parent company Centrica.

Full year revenues for the company surged almost 60 per cent during the year to a record €2 billion (£1.8 billion), reflecting the spike in natural gas and electricity prices last year due to Russia’s invasion of Ukraine and the subsequent volatility in wholesale energy markets.

Bord Gáis, which ...