National Grid Sees Fiscal Year 2023 Underlying EPS More Weighted Toward 2nd Half
October 10 2022 - 2:03AM
Dow Jones News
By Anthony O. Goriainoff
National Grid PLC said Monday that it expects underlying
earnings per share for fiscal 2023 to have a more marginal
weighting toward the second half than in previous years.
The U.K. electricity-transmission network operator said it
expects underlying operating profit--a metric which strips out
exceptional and other one-off items--in its U.K. electricity
distribution division to be more equally weighted half-on-half in
the current year.
"Overall, the group continues to perform in line with our
expectations and remains focused on delivering the clean energy
transition," the company said.
Write to Anthony O. Goriainoff at
anthony.orunagoriainoff@dowjones.com
(END) Dow Jones Newswires
October 10, 2022 02:48 ET (06:48 GMT)
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