Iberdrola has earned 5,307 million euros until September, 3% less than last year for previous surplus-value
In the first nine months of the year, investment has increased by 4%, to 8,964 million euros, of which more than 60% have been made in the United Kingdom and the United States, 55% of which have been earmarked for the network business. Iberdrola will propose a "record" dividend of at least 0.25 euros per share, 8.2% more than in the first nine months of 2024.
Iberdrola has made a net profit of 5,307 million euros until September, 3% less than in the same period of 2024, when it accounted for surpluses for divestment of part of its assets in Mexico and was waiting to complete the sale of the rest announced at the end of last July.
Accordingto the results released this Tuesday to the National Securities andExchange Commission, the company has recorded gross profits of 12,438 million, 6.3% less than in the same period a year ago, and revenue of 33,863 million, 2.3% more.
The company has explained that if the surplus-value for divestment of thermal generation assets in the first quarter of 2024 and the contribution for the sale of smart meters in the United Kingdom in the third quarter of 2025 is dispensed with, and the impact of "capital allowance" in the United Kingdom is adjusted, the adjusted net profit has increased by 16.6%, while the adjusted ebitda has increased by 4.4%.
Asfar as investments areconcerned, they have increased by 4% in the first nine months of the year, to EUR 8,964 million, of which more than 60% have been made in the United Kingdom and the United States, and 55% have been allocated to the network business.
Thus, the company has allocated EUR 4.904 billion to network investments, an increase of 12% over the first nine months of the year compared to the same period last year, which has allowed the base of electricity networks to reach EUR 49.3 billion, 12% more than in the same period of the previous year.
In addition, the company has invested EUR 3.442 billion in creation and customers.
On the other hand, the company has reported that it has reduced its net debt by EUR 3.2 billion, to around EUR 48 billion, thanks to its policy of rotation of assets and alliances.
The company has stated in a statement that it already has more than EUR 160 billion in assets and a capitalization of around EUR 115 billion, which places it as the first European utility and is one of the two largest in the world in terms of stock market value.
(We're working to complete the information.)
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