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Six months of electrical results.
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Iberdrola has earned EUR 3562 million until June, 13.8% less in the absence of extra value added

The energy company has improved its adjusted net profit by 20% and increased its recurring Ebitda by 5%, thanks to the growth of the U.S. Network business and cost recognition.

TORRE IBERDROLA BILBAO EFE

Iberdrola recorded net earnings of 3562.2 million euros in the first half of the year, 13.8% less than in the same period of 2024, when it accounted for asset surpluses in Mexico. Ebitda also fell 13.8%, to 8286.9 million, while sales remained stable at 22 637 million, , as reported this Wednesday by the energy company.

However, regardless of the effect of the added value, the adjusted profit would grow by 20% and the Ebitda by 5%, driven by the Net business, which is 52% of the total Ebitda. The company maintains its double-digit profit growth forecast for the year as a whole.

Investments grew by 7% in the semester, to $5661.7 million, with 54% concentrated in the Networks. In total, Iberdrola has invested $17300 million in the last 12 months and manages more than $157 billion in assets. 

He invested $2155 million in renewables, especially in the United Kingdom, the United States and offshore wind. He also expanded his alliance with Masdar to make a joint investment of $7 billion in projects like Baltic Eagle and East Anglia 3. 

In terms of asset rotation, it was $1.5 billion, with another $1300 million projected in the second half of the year.

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