Reported 2 days ago
National Grid plc (NGG) announced its FY 2025 results, revealing an underlying EPS increase of 2% to 73.3p, alongside a capital investment of £9.8 billion leading to a 10.5% growth in regulated assets. Despite a 7% decrease in revenue to £18.38 billion, the company declared a 3.21% rise in dividends to 46.72p. With £18 billion in distributable reserves and significant plans for capital expenditure, CEO John Pettigrew emphasized the company’s stable growth amidst economic uncertainty.
Source: YAHOO