(Source: National Grid plc) London | 10 November 2016: National Grid, a leading energy transmission and distribution company, today announces its Half Year results. 30 September 2016 Highlights Good results and performance on track Adjusted earnings per share of 28.2p, in line with last year Operating Profit of £1.9bn, up 1% includes favourable timing and FX Capital investment of £2.2bn, up 12% (6% at constant currency) New rates for Massachusetts Electric, allowed return on equity of 9.9% 3-year Joint Proposal filed for downstate New York gas businesses Solid operational performance in the UK, generating savings for customers UK Gas Distribution majority sale on track Strong balance...
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