The company has reported weak H1 results with reported profit down 12.7% to £1.27bn, but up 4% to £1.4bn on an adjusted basis for one-offs and timing effects. The group has reported EPS down 11.75% to 19.5p/share and -13.2% on an adjusted basis. Despite this, and in line with its dividend policy to pay a dividend growth linked to inflation, the group will pay an interim dividend of 15.5p/share which represents 2.1% growth. The group maintains, nonetheless, its full-year outlook as
10 Nov 2017
Nationalisation debate continues, while higher inflation weighs
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Nationalisation debate continues, while higher inflation weighs
National Grid plc (NG:LON) | 1,042 104.2 1.0% | Mkt Cap: 38,741m
- Published:
10 Nov 2017 -
Author:
Juan Camilo Rodriguez -
Pages:
3
The company has reported weak H1 results with reported profit down 12.7% to £1.27bn, but up 4% to £1.4bn on an adjusted basis for one-offs and timing effects. The group has reported EPS down 11.75% to 19.5p/share and -13.2% on an adjusted basis. Despite this, and in line with its dividend policy to pay a dividend growth linked to inflation, the group will pay an interim dividend of 15.5p/share which represents 2.1% growth. The group maintains, nonetheless, its full-year outlook as