IBERDROLA: FY2023 RESULTS (ANÁLISIS BANCO SABADELL)
4Q'23 vs. 4Q'22 ResultsEBITDA: € 3.634 Bn (-1.8% vs. -2.4% BS(e) and +2.0% consensus);
Net Profit: € 1.166 Bn (-5.7% vs. -7.7% BS(e) and -7.5% consensus);
FY2023 vs. FY2022 Results
EBITDA: € 14.417 Bn (+9.0% vs. +8.8% BS(e) and +10.1% consensus);
Net Profit: € 4.803 Bn (+10.7% vs. +10.1% BS(e) and +10.1% 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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