(Finance) – National Grida British electricity and gas utility company, has provided a preliminary update with respect to the fiscal year ended March 31 2022, with full-year results to be announced on May 19, 2022. The company expects the underlying operating profit in the New England, New York and National Grid Ventures business units to be in line with the indications provided in the half-year results of the November 18, 2021.
However, it is stressed, it now expects to achieve underlying operating profit in the UK Electricity Transmission and Electricity Distribution business units. “above guidance, largely due to rising inflation“.
National Grid presents a trend unchanged compared to the eve, and stood at 1,185. The technical implications assumed support the hypothesis of a continuation of the day in an erratic sense with resistance seen at 1.188.8 and first support estimated at 1.181.4.