May 17, 2018 / 6:24 AM / 4 months ago

UK's National Grid reports profit rise helped by U.S. business

May 17(Reuters) - British power grid operator National Grid Plc’s full-year profit rose 3.5 percent, helped by growth in its U.S. business.

Underlying operating profit rose to 3.5 billion pounds ($4.74 billion) for the year ended March 31, from 3.4 billion pounds a year earlier.

The company expects growth of at least 7 percent in the near term.

$1 = 0.7378 pounds Reporting by Arathy S Nair in Bengaluru; editing by Jason Neely

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below