Electricity sales at the JEC were down by 4% while both profit and earnings per share fell by 7%.

Turnover reduced by 3% and profit in the energy business was down by 3% during the period, according to a management report published to the London Stock Exchange this week.

The board proposes the payment of an interim dividend of 4.5p per share, up from 4.25p last year, a 6% increase. The States owns about 62% of the company.

Meanwhile, the report also reveals that the new energy-from-waste plant at La Collette, which is now fully operational, generated 6% of the JEC’s electricity during the six-month period.

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