IBERDROLA: 9M’23 RESULTS (ANÁLISIS BANCO SABADELL)
3Q'23 vs. 3Q'22 ResultsEBITDA: € 3.222 Bn (+4.4% vs. +0.8% BS(e) and +26.8% consensus);
Net Profit: € 1.116 Bn (+8.6% vs. -20.5% BS(e) and -12.7% consensus);
9M'23 vs. 9M'22 Results
EBITDA: € 10.783 Bn (+13.2% vs. +12.0% BS(e) and +20.4% consensus);
Net Profit: € 3.637 Bn (+17.2% vs. +7.5% BS(e) and +10.2% 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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