National Grid plc (NGG) Q2 2026 Earnings Call November 6, 2025 4:15 AM EST
Company Participants
Angela Broad – Director of Investor Relations
John Pettigrew – CEO & Executive Director
Zoe Yujnovich
Andrew Agg – CFO & Executive Director
Conference Call Participants
Pavan Mahbubani – JPMorgan Chase & Co, Research Division
Sarah Lester – Morgan Stanley, Research Division
Mark Freshney – UBS Investment Bank, Research Division
Dominic Nash – Barclays Bank PLC, Research Division
Ahmed Farman – Jefferies LLC, Research Division
Harry Wyburd – BNP Paribas, Research Division
James Brand – Deutsche Bank AG, Research Division
Deepa Venkateswaran – Sanford C. Bernstein & Co., LLC., Research Division
Marcin Wojtal – BofA Securities, Research Division
Presentation
Angela Broad
Director of Investor Relations
Good morning, and welcome to National Grid’s Half Year Results Presentation. I’m Angela Broad, Head of Investor Relations, and it’s great to have so many of you on the call today.
Firstly, please can I draw your attention to the cautionary statement at the front of the pack. As usual, a Q&A will follow the presentation. [Operator Instructions] All of today’s materials are available on our website. And of course, for any further queries after the call, please do feel free to reach out to me or one of the IR team.
So with that, I’d now like to hand you over to our CEO, John Pettigrew. John?
John Pettigrew
CEO & Executive Director
Many thanks, Angela. Good morning, everyone, and thank you for joining us today. Well, as you know, this is my last set of results, and I’ll be handing over to Zoe, who becomes Chief Executive on the 17th of November. So before we get started with the results presentation, let me pass it over to Zoe to say a few words.
Zoe Yujnovich
Thank you, John, and good morning, everyone. Today’s results are an important moment for National












