National Grid
Analyst Consensus Rollup
Latest as at 13-May-15
FY 2015
Consensus
(Mean) Count
FY 2016
Consensus
(Mean) Count
UK Electricity Transmission 1,277 12 1,284 12
UK Gas Transmission 458 12 463 12
UK Gas Distribution 827 13 842 13
US Regulated 1,087 13 1,214 13
Other Activities 184 13 226 13
Operating profit 3,829 13 4,023 13
Interest (1,064) 13 (1,095) 13
Post-tax share of joint ventures 29 12 30 12
Profit before tax 2,792 13 2,956 13
Tax (699) 13 (759) 13
Minority interests 5 13 4 13
Net income 2,097 13 2,199 13
Earnings per share (p) 55.7 13 58.3 13
Dividend per share (p) 43.01 13 44.11 13
Closing net debt (22,388) 12 (23,340) 12
It has been requested that all figures be provided on an adjusted basis, excluding exceptional items and remeasurements for continuing operations
Disclaimer:
The consensus estimate presented above is based on earnings projections made by a number of research an alysts 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:
John Dawson, Director of Investor Relations T +44 (0)20 7004 3170
Andy Mead, Senior Investor Relations Officer T +44 (0)20 7004 3166
George Laskaris, US Investor Relations Director T +1 718 403 2526
Victoria Davies, Investor Relations Officer T +44 (0) 207 004 3171
Michael Ioanilli, Investor Relations Manager T +44 (0)20 7004 3006
Tom Hull Investor, Relations Manager T +1 917 524 4099 Richard Foster, Investor Relations Manager T +44 (0)20 7004 3169