National Grid Expects Underlying EPS CAGR Of 6-8% From A 2024/25 Baseline, Through To 2028/29
May 23 (Reuters) -National Grid PLC NG.L:
NATIONAL GRID PLC - NATIONAL GRID PLC 2023/24 FULL YEAR RESULTS
NATIONAL GRID PLC - EXPECT UNDERLYING EPS CAGR OF 6-8% FROM A 2024/25 BASELINE, THROUGH TO 2028/29
NATIONAL GRID PLC - FROM 2024/25 TO 2028/29 SEE TOTAL CUMULATIVE CAPITAL INVESTMENT OF AROUND £60 BILLION
NATIONAL GRID PLC - FROM 2024/25 TO 2028/29 SEE GROUP ASSET GROWTH CAGR(I) OF AROUND 10% BACKED BY STRONG BALANCE SHEET
NATIONAL GRID PLC - FROM 2024/25 TO 2028/29 SEE DRIVING UNDERLYING EPS CAGR(II) OF 6-8% FROM A 2024/25 EPS BASELINE, ONCE ADJUSTED FOR RIGHTS ISSUE
NATIONAL GRID PLC - SIGNIFICANT STEP UP IN INVESTMENT, AROUND £60 BILLION OVER FIVE YEARS TO MARCH 2029
NATIONAL GRID PLC - OF £60 BILLION CAPITAL INVESTMENT OVER FIVE YEARS, AROUND £51 BILLION ALIGNED TO EU TAXONOMY TO DECARBONISE ENERGY NETWORKS
NATIONAL GRID PLC - NEARLY 80% OF CAPITAL INVESTMENT GOING INTO OUR ELECTRICITY NETWORKS
NATIONAL GRID PLC - GROUP MIX MOVING TOWARDS 80%/20% ELECTRICITY/GAS BY 2029
NATIONAL GRID PLC - RECOMMENDED FINAL DIVIDEND OF 39.12P TO BRING FULL YEAR DIVIDEND TO 58.52P, UP 5.55% AND IN LINE WITH POLICY
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