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Momentum
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52w High
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Growth & Value

Margin of Safety (beta)
Screens Passed 2
Balance Sheet · Income Statement · Cashflow Financial Summary
Year End 31st Mar 2009 2010 2011 2012 2013 2014 TTM 2015E 2016E CAGR / Avg
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Last ex-div: 20th Nov, paid: 7th Jan more... Dividends
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Book Value ps p +16.8%

FINANCIAL BRIEF: For the six months ended 30 September 2014, National Grid plc revenues decreased 5% to L6.36B. Net income decreased 27% to L908M. Revenues reflect US Regulated segment decrease of 13% to L2.95B, UK Gas Distribution segment decrease of 2% to L929M, UK Transmission segment decrease of 3% to L375M, United States segment decrease of 12% to L2.99B. Net income also reflects US Regulated segment income decrease of 24% to L332M. more »

Health Trend

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  Earnings Manipulation Risk

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Recent History
Latest interim period (ended 30th Sep '14) vs. prior year
Sales Growth %
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Broker Forecasts
31st Mar 2015
31st Mar 2016

Price Target: 879.5 (-6.11% below Price) Net Profit EPS DPS Net Profit EPS DPS
Est. Long Term Growth Rate: +3.2% (£) (p) (p) (£) (p) (p)
Consensus Estimate
1m Change
3m Change
19 brokers Broker Consensus Trend
Broker Recommendations for National Grid
Recommendation:Strong SellSellHoldBuyStrong Buy
No. of Analysts: 0 4 9 2 4

Named Brokers and Analysts
Credit Suisse Mark Freshney , Sanford Bernstein Deepa Venkateswaran , Investec Bank (UK) Plc , Nomura Securities Jonathan Constable , CA Cheuvreux , Macquarie Research Dominic Nash , Societe Generale A. Thomas , Berenberg Lawson Steele , Charles Stanley Tina Cook , Espirito Santo Investment Bank , Morningstar, Inc. Travis Miller , Day by Day Valérie GASTALDY , Liberum Peter Atherton , and 1 unnamed other

National Grid Plc is an electricity and gas utility company. The Company operates in three segments: UK Transmission, UK Gas Distribution and US Regulated. UK Transmission includes high voltage electricity transmission networks, the gas transmission network in Great Britain, UK liquefied natural gas (LNG) storage activities and the French electricity interconnector. Its UK Gas Distribution includes four of the eight regional networks of Great Britain’s gas distribution system. US Regulated includes gas distribution networks, electricity distribution networks and high voltage electricity transmission networks in New York and New England and electricity generation facilities in New York and Massachusetts. Other activities primarily relate to non-regulated businesses and other commercial operations, including United Kingdom based gas and electricity metering activities; UK property management; a UK LNG import terminal; other LNG operations, and US unregulated transmission pipelines.

Directors: Steve Holliday (CEO) , Andrew Bonfield (FID) 50, David Lister (CIO) , Alison Kay (GCN) , Tom King (EDR) 51, John Pettigrew (EDR) , Mike Westcott (DHR) , Stephanie Hazell (OTH) , George Mayhew (OTH) , Peter Gershon (NEC) 67, Therese Esperdy (NED) , Philip Aiken (NID) , Nora Brownell (NID) 67, Jonathan Dawson (NID) ,

No. of Employees: 23,909 No. of Shareholders: 987,826


Last Annual March 31st, 2014
Last Interim September 30th, 2014
Shares in Issue 3,765,747,987
Free Float 3.61bn (95.8%)

NG. Share Price Performance NG. Quote
937p
0.0  0.0%
Traded 4:37pm · Minimum 15 min delayed · NMS: 2.00k

Latest NG. News Announcements (delayed)

Upcoming NG. Events
Monday 26th January, 2015 (estimate)
National Grid PLC Interim Management Statement Release
Thursday 21st May, 2015
Full Year 2014/15 National Grid PLC Earnings Release
Tuesday 21st July, 2015
National Grid PLC Interim Management Statement Release
Tuesday 21st July, 2015
National Grid PLC Annual Shareholders Meeting
Wednesday 20th July, 2016 (estimate)
National Grid PLC Annual Shareholders Meeting

Recent ↓
Thursday 20th November, 2014
Dividend For NG.L
Wednesday 19th November, 2014
Dividend For NGG.BA
Wednesday 19th November, 2014
Dividend For NGG
Thursday 13th November, 2014
National Grid PLC at Edison Electric Institute Financial Conference
Friday 7th November, 2014
Half Year 2014/15 National Grid PLC Earnings Call (Afternoon Session with Q&A)
Friday 7th November, 2014
Half Year 2014/15 National Grid PLC Earnings Call
Friday 7th November, 2014
Half Year 2014/15 National Grid PLC Earnings Release
Tuesday 30th September, 2014
National Grid PLC Analysts and Investors Site Visit
Wednesday 17th September, 2014
National Grid PLC at Bernstein Strategic Decisions Conference
Tuesday 29th July, 2014
Dividend For NGG


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