National Grid (NG.)

Sector:

Utilities

Index:

FTSE 100

964.00p
   
  • Change Today:
    -18.60p
  • 52 Week High: 1,056.00
  • 52 Week Low: 838.40
  • Currency: UK Pounds
  • Shares Issued: 4,886.05m
  • Volume: 9,637,255
  • Market Cap: £47,102m
  • Beta: 0.76

National Grid H1 underlying profits grow despite modest revenue decline

By Iain Gilbert

Date: Thursday 07 Nov 2024

LONDON (ShareCast) - (Sharecast News) - Utility giant National Grid said on Thursday that underlying profits had grown in the six months ended 30 September despite reporting a modest decline in revenue.
National Grid said underlying operating profits were up 14% at £2.04bn, while underlying pre-tax profits were 26% higher at £1.43bn and underlying earnings per share grew by 8% to 28.1p.

The FTSE 100-listed group said all this came despite a 6% reduction in gross revenues to £7.96bn.

On a statutory basis, however, operating profits were down 34% at £1.30bn, pre-tax profits sunk 50% to £684.0m and earnings per share fell 53% to 12.6p.

As of 0925 GMT, National Grid shares were up 0.51% at 988.20p.











Reporting by Iain Gilbert at Sharecast.com

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National Grid Market Data

Currency UK Pounds
Share Price 964.00p
Change Today -18.60p
% Change -1.89 %
52 Week High 1,056.00
52 Week Low 838.40
Volume 9,637,255
Shares Issued 4,886.05m
Market Cap £47,102m
Beta 0.76

National Grid Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
44.84% below the market average44.84% below the market average44.84% below the market average44.84% below the market average44.84% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average
Price Trend
24.94% above the market average24.94% above the market average24.94% above the market average24.94% above the market average24.94% above the market average
42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average
Income
52.03% above the market average52.03% above the market average52.03% above the market average52.03% above the market average52.03% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Growth
13.31% below the market average13.31% below the market average13.31% below the market average13.31% below the market average13.31% below the market average
66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average

What The Brokers Say

Strong Buy 4
Buy 6
Neutral 3
Sell 0
Strong Sell 1
Total 14
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

National Grid Dividends

  Latest Previous
  Interim Final
Ex-Div 21-Nov-24 06-Jun-24
Paid 14-Jan-25 19-Jul-24
Amount 15.84p 39.12p

Trades for 21-Nov-2024

Time Volume / Share Price
15:53 63 @ 966.20p
15:51 2 @ 965.40p
15:35 2 @ 964.80p
16:36 16,398 @ 964.00p
16:36 3,982 @ 964.00p

National Grid Key Personnel

CEO John Pettigrew
CFO Andrew Agg

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