National Grid - CEO Interviewed on Preliminary Results

LONDON - National Grid, the international electricity and gas company, today announced preliminary results for the year ended 31 March 2009.

In a video interview, National Grid Chief Executive Officer Steve Holliday said:

“We’re very pleased with these results. They are a reflection of our strategy. It is delivering. We’ve grown our operating profits this year by 12 per cent, our earnings per share on a proforma basis about 14 per cent. And that’s allowing us to recommend an increase in our dividend of 8 per cent, exactly in line with the targets that we set ourselves. So this is a great set of results.”

He also highlights the low risk nature of the business in a volatile environment and underlines the commitment to invest at least GBP3bn annually over the coming three years.

The interview and transcript are available now on w3.cantos.com/national_grid

It’s free to view. All you need to do is register at www.cantos.com. Cantos.com, the online financial broadcaster, features in-depth interviews, documentaries and webcasts with senior company executives. If you would like to contact us, please email enquiries@cantos.com or phone +44(0)207-936-1333.

Source: National Grid Plc

It’s free to view. All you need to do is register at https://www.cantos.com. Cantos.com, the online financial broadcaster, features in-depth interviews, documentaries and webcasts with senior company executives. If you would like to contact us, please email enquiries at cantos.com or phone +44(0)207-936-1333.