National Grid has seen its underlying operating profit rise 47% to £1.4 billion for the six months ended 30 September as it focuses on delivering “critical and green investment”.
Alfen more than doubled EV charging equipment sales in Q3 2021, but witnessed its energy storage revenue more than half as product lead times weighed on sales.
National Grid is celebrating a reduction in the impact of COVID-19 on its underlying operating profits in a year with strong operational performance and the "transformational" acquisition of Western Power Distribution (WPD).