Jersey Electricity (JEL) delivered for both shareholders and customers in FY17. After an extended period of heavy investment in infrastructure, we believe JEL is well placed to continue to provide secure, sustainable and affordable electricity for its customers, generate attractive returns for shareholders and adapt to any regulatory changes. JEL has established an impressive track record of DPS growth (five-year CAGR c 5%) and shareholders should look forward to continuing growth in the DPS
05 Mar 2018
Strong cash generation
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Strong cash generation
Jersey Electricity plc Class A (JEL:LON) | 430 12.9 0.7% | Mkt Cap: 131.8m
- Published:
05 Mar 2018 -
Author:
Graeme Moyse -
Pages:
16
Jersey Electricity (JEL) delivered for both shareholders and customers in FY17. After an extended period of heavy investment in infrastructure, we believe JEL is well placed to continue to provide secure, sustainable and affordable electricity for its customers, generate attractive returns for shareholders and adapt to any regulatory changes. JEL has established an impressive track record of DPS growth (five-year CAGR c 5%) and shareholders should look forward to continuing growth in the DPS