The latest consensus reflects all updates since 28 May 2021 and has been collected for underlying performance, which represents statutory results excluding exceptional items, remeasurements, timing and major storm costs.
H1 2021/22
(£m)
Underlying
Count
Earnings before interest & tax
1,402
7
Interest
(506)
6
Post-tax share of joint ventures and associates
39
6
Profit before tax
920
6
Tax
(175)
6
Minority interests
(0)
6
Net income
746
7
Weighted av. shares (m)
3,568
6
Earnings per share (p)
21.0
7
Dividend per share (p)
17.34
6
Closing net debt
(40,490)
4
Disclaimer:
The consensus estimate presented above is based on earnings projections made by a number of research analysts who cover National Grid. The data has been compiled following estimates submitted by analysts and confirmed as published. The figures are a precise mean of the figures submitted and are not altered or adjusted in any way by National Grid other than as stated on this sheet. The number of contributing analysts to each consensus figure in the table is shown under the "Count" heading.
Any opinions, forecasts, estimates, projections or predictions regarding National Grid's performance made by the analysts (and, therefore, the consensus estimate numbers) are theirs alone and do not represent the opinions, forecasts, estimates, projections or predictions of National Grid or its management. By providing these estimates National Grid does not imply its endorsement of or concurrence with such information, conclusions or recommendations. National Grid assumes no liability for the accuracy of such estimates and undertakes no obligation to update or revise such estimates.
Further information:
Nicholas Ashworth, Director of Investor Relations
T +44 (0) 7814 355 590
Angela Broad, Senior Investor Relations Manager
T +44 (0) 7825 351 918
Jonathan Clay, Investor Relations Officer
T +44 (0) 7899 928 247
James Flanagan, Investor Relations Manager (US)
T +44 (0) 7970 778 952
Peter Kennedy, Investor Relations Manager
T +44 (0) 7966 200 094
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National Grid plc published this content on 16 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 November 2021 12:36:04 UTC.
National Grid plc specializes in owning and operating electricity and gas networks. Net sales break down by activity as follows:
- transmission and distribution in the United States (54.8%): electricity transmission (owned, at the end of March 2022, of 14,212 km of overhead lines, 175 km of underground cables and 399 substations), electricity distribution (111,513 km of distribution lines and 718 substations) and gas distribution (59,153 km of gas pipelines);
- operation of electricity networks for transmission operators in the United Kingdom (18.6%);
- electricity transmission in the United Kingdom (11%): owned 7,216 km of high-voltage network, 2,551 km of underground cables and 347 substations;
- electricity and gas distribution in the United Kingdom (7.9%): electricity distribution (89,372 km of overhead lines, 137,966 km of underground cables and 189,644 transformers) and gas distribution (7,628 km of gas pipelines);
- other (7.7%): telecom and interconnection activities among the various domestic electrical networks, liquefied natural gas storage activities, etc.
Net sales are distributed geographically as follows: the United Kingdom (36.3%) and the United States (63.7%).
As at 31 March 2022, the UK Gas Transmission business was classified as held for sale.
NATIONAL GRID PLC 
