logo
Plus   Neg
Share
Email

National Grid Updates 2018/19 Technical Guidance - Quick Facts

National Grid plc (NG.L) reported that its underlying earnings per share for 2018/19 are in line with its expectations, with higher operating costs in its US business offset by lower finance costs.

For 2018/19, the Group said its headline earnings per share include timing and major storm impacts, which are expected to be equal and offsetting. On a Group basis, timing impact is a net benefit to headline earnings per share of approximately 2 pence, while remediation costs associated with major storms to amount to around 2 pence on headline earnings per share.

National Grid will publish its full year results for 2018/19 on 16 May 2019.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Textron Specialized Vehicles recalled 20,573 units of Gas-powered E-Z-GO, Cushman and Tracker brand off-road vehicles for possible fire hazard, a statement by the U.S. Consumer Product Safety Commission said. The company said starter generator wire can be improperly secured, allowing it to come into contact with the vehicle's exhaust that could cause a fire hazard. Delta Air Lines Inc. said Friday that it will invest $1 billion over the next decade to mitigate all greenhouse gas emissions from its global business, starting March 1, 2020. The company intends to become the first airline in the world to go carbon neutral. The airline said that over the next decade, it will spend $1 billion to drive innovation and advance clean-air travel technologies. Crown Castle International Corp. (REIT) (CCI) is currently gaining over 1% on Friday morning. Early this week, a U.S. District judge ruled in favor of Sprint and T-Mobile's long-pending $26 billion merger deal. The judge dismissed a lawsuit brought by a group of State Attorneys General. The deal is...
RELATED NEWS
Follow RTT
>