National Grid says FY2025/26 performance remains in line with guidance

National Gas

National Grid PLC (LON:NG) has issued a pre-close update ahead of announcing results for the year ended 31 March 2026.

The Group’s performance is in line with our expectations and consistent with the guidance provided at our half year results. However, we now estimate a net impact of around 1p per share to underlying EPS reflecting the recognition of customer refund charges related to the 19 March 2026 FERC judgement on New England Transmission and slightly higher than expected storm costs in our US businesses, partly offset by slightly lower finance costs.

Full year results will be released 14 May 2026 at 7am BST / 2am EDT, followed by a presentation and Q&A session with Zoë Yujnovich, CEO, and Andy Agg, CFO, starting at 3pm BST / 10am EDT.    

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