National Grid Transco Reports Strong Full-Year Results and Announces Five-Year Investment Plan
National Grid (NYSE:NGG) reported stronger full-year results, with underlying operating profit of GBP 5.7 billion and an 8% increase in EPS at constant currency. The company raised its capital expenditure to GBP 11.6 billion and outlined a five-year investment plan exceeding GBP 70 billion for grid expansion and electrification.
Topics: capital_expenditure dividend_increase earnings investment_plan