May 19, 2013 9:07 PM ET

Electric Utilities

Company Overview of Northern Electric plc

Company Overview

Northern Electric plc, through its subsidiaries, engages in the distribution of electricity and provision of engineering contracting services in the United Kingdom. The company distributes electricity to an area of approximately 14,400 square kilometers in the north east of England with a resident population of 3.2 million. Its engineering contracting services comprise design, construction, and maintenance services for public and private networks; services ranging from feasibility to design, installation, commissioning, and on-going maintenance; and electrical, gas, and water connection services to housing and property developers, as well as connections consultancy and system study services....

Detailed Description

Lloyds Court

78 Grey Street

Newcastle Upon Tyne,  NE1 6AF

United Kingdom

1,224 Employees

Phone:

44 19 1210 2000

www.northernpowergrid.com

Key Executives for Northern Electric plc

Chief Executive Officer
Age: 44
Finance Director
Age: 41
Regulation Director
Age: 54
Executive Director
Age: 48
Head of Internal Audit
Age: 53
Compensation as of Fiscal Year 2012.

Northern Electric plc Key Developments

Northern Electric plc Announces Consolidated Earnings Results and Parent Cash Flow Results for the Year Ended December 31, 2012
Apr 16 13

Northern Electric plc announced consolidated earnings results for the year ended December 31, 2012. For the period, the company reported operating profit of £185,963,000, profit before income tax of £151,278,000 and profit of £135,407,000 on revenue of £331,614,000 against operating profit of £171,218,000, profit before income tax of £135,887,000 and profit of £116,139,000 on revenue of £301,427,000 a year ago period. Net cash from operating activities was £106,354,000 against £124,468,000 a year ago. Purchase of intangible fixed assts was £3,960,000 against £2,654,000 a year ago. Purchase of tangible fixed assts was £169,658,000 against £131,186,000 a year ago. On a parent basis, the company reported net cash from operating activities of £18,970,000 against £24,947,000 a year ago. Purchase of tangible fixed assts was £56,000 against £296,000 a year ago.

Northern Electric plc Declares Dividend on Preference Shares Payable on April 2, 2013
Feb 28 13

The board of Northern Electric plc announces that a dividend of 4.0305 pence per Preference Share, relating to the six months to March 31, 2013, is payable on April 2, 2013 to holders of Preference Shares on the register as at March 8, 2013.

Northern Electric plc Declares Preferred Dividend, Payable on October 1, 2012
Sep 6 12

The board of Northern Electric plc announced that a dividend of 4.0305 pence (net) per preference share, relating to the six months to September 30, 2012, is payable on October 1, 2012 to holders of preference shares on the register as at September 14, 2012.

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