IBERDROLA: FY2024 RESULTS (ANÁLISIS BANCO SABADELL)
4Q'24 vs. 4Q'23 ResultsEBITDA: € 3.579 Bn (-1.5% vs. -3.2% BS(e) and -3.2% consensus);
Net Profit: € 141.0 M (-87.9% vs. -91.9% BS(e) and -91.9% consensus);
FY2024 vs. FY2023 Results
EBITDA: € 16.848 Bn (+16.9% vs. +16.3% BS(e) and +16.3% consensus);
Net Profit: € 5.612 Bn (+16.8% vs. +15.8% BS(e) and +14.9% 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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