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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| National Grid Plc | LSE:NG. | London | Ordinary Share | GB00BDR05C01 | ORD 12 204/473P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 6.00 | 0.55% | 1,101.50 | 1,100.50 | 1,101.00 | 1,104.00 | 1,095.50 | 1,100.00 | 8,029,510 | 16:35:22 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Combination Utilities, Nec | 24.25B | 7.8B | 2.1140 | 5.21 | 40.59B |
From May 2019 to May 2024
By Razak Musah Baba
LONDON--National Grid PLC (NG.LN) said Thursday it is well positioned for the future as it reported fiscal 2017 underlying earnings growth.
The gas and electricity network operator's total adjusted pretax profit rose 13% to 3.56 billion pounds ($4.59 billion) for the year ended March 31. Revenue from continuing operations climbed 14% to GBP15.04 billion.
"We made significant progress in the year, with the successful completion of the U.K. Gas Distribution transaction, a good outcome on the rate filings in the U.S. and a positive conclusion to important regulatory reviews in the U.K.," Chief Executive John Pettigrew said.
"National Grid is well positioned for the future with a rebalanced, higher-growth portfolio," Mr. Pettigrew said.
Write to Razak Musah Baba at razak.baba@wsj.com; Twitter: @Raztweet
(END) Dow Jones Newswires
May 18, 2017 02:49 ET (06:49 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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