National Grid - Preliminary Results Interview With CEO

LONDON, May 20, 2010 /PRNewswire-FirstCall/ -- National Grid CEO Steve Holliday reflects on the international electricity and gas company's full year results after profits before tax rose 12% to GBP1.974bn.

In an interview for financial broadcaster http://www.cantos.com he updates the market on the current investment programme following the company's record GBP3.3bn spend to keep all its major projects on track.

He also gives his thoughts on the regulatory environment, the current state of US rate case filings and the outlook for the year ahead.

"We continue to drive efficiency across all our business and improve the performance on our costs. So this will be another year of growth for National Grid."

The interview and transcript are available now on http://www.cantos.com.

Cantos.com, the online financial broadcaster, features in-depth interviews, documentaries and webcasts with senior company executives. If you would like to contact us, please email [email protected] or phone +44-207-936-1386.

SOURCE National Grid Plc