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NG. National Grid Plc

1,127.50
-3.00 (-0.27%)
21 May 2024 - Closed
Delayed by 15 minutes
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
  -3.00 -0.27% 1,127.50 1,125.00 1,125.50 1,130.00 1,112.00 1,122.00 7,047,643 16:35:19
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Combination Utilities, Nec 24.25B 7.8B 2.1140 5.32 41.51B

National Grid 1st Half Performance in Line With Views, Underlying EPS to Be 2nd Half Weighted

05/10/2023 7:52am

Dow Jones News


National Grid (LSE:NG.)
Historical Stock Chart


From May 2023 to May 2024

Click Here for more National Grid Charts.

By Michael Susin

 

National Grid said performance for the first half has been in line with expectations and that profit will reflect historic periods more than a year ago.

The U.K. electricity-transmission network operator on Thursday said underlying earnings per share will be more weighted to the second half.

The company said that operating profit for the six months ended Sept. 30 is expected to be more reflective of historic periods than in the same period of fiscal 2023.

Regarding the U.K. businesses, contributions to operating profit are expected to be broadly evenly split across the year. As for the U.S. regulated businesses, National Grid expects it to be more heavily weighted toward the second half.

 

Write to Michael Susin at michael.susin@wsj.com

 

(END) Dow Jones Newswires

October 05, 2023 02:37 ET (06:37 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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