National Grid PLC (NG.LN) on Thursday reported pretax profit for fiscal 2018 fell due to the timing of regulatory price-control plans in the U.K.
The British power-transmission network made a pretax profit of 847 million pounds ($1.11 billion) in the half year ended Sept. 30 compared with GBP965 million in the same period a year earlier, on revenue of GBP6.68 billion, up from GBP6.28 billion.
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The board has declared an interim dividend of 15.49 pence, up from 15.17 last year.
National grid said its outlook for the full-year is unchanged.
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(END) Dow Jones Newswires
November 09, 2017 03:17 ET (08:17 GMT)