IBERDROLA: FY2022 RESULTS (ANÁLISIS BANCO SABADELL)
4Q'22 vs. 4Q'21 ResultsEBITDA: € 3.701 Bn (-3.7% vs. -22.9% BS(e) and -12.3% consensus);
Net Profit: € 1.236 Bn (-16.3% vs. -28.0% BS(e) and -25.7% consensus);
FY2022 vs. FY2021 Results
EBITDA: € 13.228 Bn (+10.2% vs. +4.1% BS(e) and +7.4% consensus);
Net Profit: € 4.338 Bn (+11.7% vs. +7.3% BS(e) and +8.2% 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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