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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 | |
---|---|---|---|---|---|---|---|---|---|---|
2.00 | 0.19% | 1,061.00 | 1,060.50 | 1,061.00 | 1,063.00 | 1,056.00 | 1,062.50 | 813,359 | 11:55:41 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Combination Utilities, Nec | 24.25B | 7.8B | 2.1140 | 5.02 | 39.13B |
By Ian Walker
National Grid PLC (NG.LN) on Thursday reported a 33% fall in pretax profit for the first half, and backed its full-year forecast for asset growth.
The power company made a profit for the half year ended Sept. 30 of 522 million pounds ($684.8 million) compared with GBP780 million a year earlier, on revenue that fell 5% to GBP6.35 billion.
Stripping out exceptional and other one-off items, National Grid made an adjusted pretax profit of GBP816 million compared with GBP846 million.
The company said it continues to expect asset growth at the top end of a 5% to 7% range for the medium term, and at least 7% in the near term.
The board raised its interim dividend 3.8% to 16.08 pence a share.
Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749
(END) Dow Jones Newswires
November 08, 2018 03:02 ET (08:02 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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