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IBDRY Iberdrola SA (PK)

51.56
0.00 (0.00%)
10 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Iberdrola SA (PK) USOTC:IBDRY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 51.56 50.57 52.66 1 13:16:40

Iberdrola Raises Guidance After Earnings Jump

26/10/2023 8:10am

Dow Jones News


Iberdrola (PK) (USOTC:IBDRY)
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From May 2023 to May 2024

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   By Mauro Orru 
 

Iberdrola lifted its profit guidance for the year after posting higher earnings for the first nine months.

The Spanish energy company on Thursday reported net profit of 3.64 billion euros ($3.85 billion), up from EUR3.10 billion in the first nine months of last year.

Earnings before interest, taxes, depreciation and amortization climbed 13% to EUR10.78 billion.

Iberdrola said its board of directors approved an interim dividend of EUR0.20 a share, up 11% on year.

Revenue slipped 1.9% on year to EUR37.19 billion.

For the year, Iberdrola expects double-digit net profit growth, up from a previous forecast of high single-digit growth.

 

Write to Mauro Orru at mauro.orru@wsj.com

 

(END) Dow Jones Newswires

October 26, 2023 02:55 ET (06:55 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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