National Grid plc issued a pre-close update indicating performance is in line with expectations but estimates a net impact of around 1p per share to underlying EPS due to customer refund charges from a FERC judgement and higher storm costs, with full year results to be released on 14 May 2026.
Key takeaways
Performance is in line with expectations and consistent with prior guidance.
Estimated net impact of around 1p per share to underlying EPS due to customer refund charges from the 19 March 2026 FERC judgement on New England Transmission.
Higher than expected storm costs in US businesses partly offset by slightly lower finance costs.
Full year results for the period ended 31 March 2026 will be released on 14 May 2026.