IBERDROLA: 9M’24 RESULTS (ANÁLISIS BANCO SABADELL)
3Q'24 vs. 3Q'23 ResultsEBITDA: € 3.654 Bn (+13.4% vs. +8.2% BS(e) and +19.4% consensus);
Net Profit: € 1.336 Bn (+19.7% vs. +10.3% BS(e) and +1.5% consensus);
9M'24 vs. 9M'23 Results
EBITDA: € 11.551 Bn (+7.1% vs. +5.6% BS(e) and +8.9% consensus);
Net Profit: € 4.305 Bn (+18.4% vs. +15.5% BS(e) and +12.8% 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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