IBERDROLA: 2Q’22 RESULTS (ANÁLISIS BANCO SABADELL)
2Q'22 vs. 2Q'21 ResultsEBITDA: € 3.493 Bn (+32.9% vs. +20.1% BS(e) and +6.4% consensus);
Net Profit: € 1.017 Bn (+33.4% vs. +26.1% BS(e) and +27.8% consensus);
1H'22 vs. 1H'21 Results
EBITDA: € 6.444 Bn (+18.4% vs. +12.2% BS(e) and +5.6% consensus);
Net Profit: € 2.075 Bn (+35.5% vs. +31.9% BS(e) and +32.7% consensus);
Iberdrola is a holding company. Through its subsidiaries, Co. operates in four segments: network business, which includes all the energy transmission and distribution activities, and other regulated activity originated in Spain, the U.K., the U.S. and Brazil; deregulated business, which includes electricity generation and sales businesses as well as gas trading and storage businesses carried on by Co. in Spain, Portugal, the U.K. and North America; renewable business, with activities related to renewable energies in Spain, the U.K., the U.S. and the rest of the world; and other businesses, including the engineering and construction businesses and the non-power businesses.
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