National Grid (NGG) has released an update.
National Grid plc anticipates its Underlying EPS for the fiscal year 2023/24 to match the previous year’s figures, with an expected boost due to the UK’s introduction of full expensing tax relief, which is projected to increase Underlying EPS by approximately 8 pence per share. This update comes ahead of the detailed Full Year results announcement scheduled for 23 May 2024, with further clarification to be provided on the company’s adjusted reporting for Underlying Earnings and EPS to better reflect its performance.
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