National Grid Reports 15.1% Revenue Growth and Outlines £70 Billion Five-Year Investment Plan

National Grid (NGG) has reported its first-half financial results, highlighting a significant revenue increase of 15.1% year-over-year to £8.14 billion. The company also posted a Non-GAAP earnings per share (EPS) of 36.50p for the period. Looking ahead, National Grid has provided a robust five-year financial outlook spanning from 2026/27 to 2030/31. The utility provider plans to undertake at least £70 billion in cumulative capital investment and expects Group asset growth to maintain a compound annual growth rate (CAGR) of approximately 10%.

By Meghavi Singh, SA News Editor · Seeking Alpha ·

National Grid Reports 15.1% Revenue Growth and Outlines £70 Billion Five-Year Investment Plan

Tickers: $NGG

Topics: capital expenditure earnings report financial outlook revenue growth

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