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Iberdrola targets 10 billion euros in profit by 2030 after earning 5.816 million through September

FinanceInternationalExpansión35 s readAI summary
Image: Expansión

Iberdrola aims to reach 10 billion euros in profit by 2030, driven by its networks business. Reported net profit reached 5.816 million between January and September, up 9.6%, while adjusted net profit stood at 5.140 million (+8.8%). Adjusted EBITDA was 11.890 million (+7.5%). The company keeps its BBB+ rating, holds more than 23.000 million in liquidity and raises its interim dividend 8.7% to 0.275 euros per share.

In 35 seconds

  • Reported net profit of 5.816 million between January and September, up 9.6%; adjusted profit reached 5.140 million (+8.8%).
  • Adjusted EBITDA rose 7.5% to 11.890 million, driven by faster growth in the networks business.
  • It keeps its BBB+ rating and liquidity of more than 23.000 million, enough for 20 months of financing needs.
Read the full story at Expansión

IASummary generated by artificial intelligence from a story by Expansión. It may contain errors: the original source prevails.

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