National Grid FY’17 half-year results announced

By Maura Mone

On November 10, we announced our FY’17 half-year earnings results. Visit our investor relations page where you can view resources to help you understand our performance.

Key highlights: We’ve had good results and performance is on track

  • Adjusted earnings per share of 28.2p, in line with last year
  • Operating Profit of £1.9bn, up 1% includes favorable timing and FX
  • Capital investment of £2.2bn, up 12% (6% at constant currency)
  • New rates for Massachusetts Electric, allowed return on equity of 9.9%
  • 3-year Joint Proposal filed for downstate New York gas businesses
  • Solid operational performance in the UK, generating savings for customers
  • UK Gas Distribution majority sale on track
  • Strong balance sheet maintained
  • Interim dividend of 15.17p per share, in line with policy
Download PDF
Add To wishlist

One Comment


is the american stock price of ngg stock going to rise to the projected 75 dollars a stock. or keep dropping. what is the national grids projection


Leave a Reply

Your email address will not be published. Required fields are marked *