National Grid Transco, PLC National Grid PLC (NEW) American Depositary Shares (NGG) Q4 2023 Earnings Call

Investor webinar replay

Replay transcript excerpt

What's a strong group? Good to go. So, good morning, everyone, and welcome to National Grid's full year results presentation. So, I'm Nick Ashworth, Head of Investor Relations, and I'm really pleased to see so many of you here at the Stock Exchange this morning, and I know we've also got a good number of people listening and watching online as well. So, look, as always, we'll start with safety. We're not expecting a planned fire alarm test this morning, but if there is one, please vacate the building, and we'll meet out in Platonosa Square and maybe carry on it out there. The second important thing to draw your attention to is the cautionary statement which is at the front of the presentation. All of today's materials are available on the website and as usual there'll be a Q&A with John and Andy after the presentation. If you need more info then please do feel free to reach out to me or the IR team later in the day. And so with that all said, let's start the presentation. Good morning, everyone. It's great to see so many of you here today and have so many of others joining online. As usual, I'm joined with Andy Ag, our CFO, and following the presentation, we'll both be happy to take your questions. So it's been another good year of performance for National Grid. Our significant progress is demonstrated by the positive impact of record levels of investment of both earnings growth and the energy transition. A portfolio that's now repositioned to capture attractive growth for many years ahead. And the continued support we're providing to our customers and communities during these challenging times. Last year, energy was in the spotlight for many different reasons. Not least due to the affordability issues caused by much higher commodity prices. We've seen this galvanise...