National Grid's Net Debt Higher Than Expected Due to Dollar Appreciation -- Market Talk
Dow Jones
May 14
0810 GMT - National Grid's net debt comes in higher than consensus expectations but overall its results are in line, RBC Capital Markets analyst Alexander Wheeler writes. Net debt of 44.2 billion pounds compares with consensus views at 43.3 billion pounds due to the dollar strengthening at the end of the year and timing effects from commodity costs in the U.S., he says. Shares rise 1.65% to 12.97 pounds. (adam.whittaker@wsj.com)
(END) Dow Jones Newswires
May 14, 2026 04:10 ET (08:10 GMT)
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