Iberdrola raises 2026 profit growth forecast, 9M profit and revenue climb
robwilson39
- Iberdrola press release (IBDSF): 9M Adjusted net profit rose 8.8% Y/Y to €5.141B from €4.727B.
Adjusted revenue increased 8% Y/Y to €34.405B from €31.871B.
Guidance: Iberdrola raised its FY 2026 outlook for adjusted net profit growth to at least 10%, from previous expectations of growth above 8%.
Adjusted EBITDA rose 7.5% to €11.891B from €11.064B.
Adjusted operating profit increased 11.3% to €7.645B from €6.872B.
Adjusted profit before tax rose 0.9% to €6.097B from €6.041B.
Investments increased 13% to €10.1B, with nearly 75% allocated to the UK, U.S. and Brazil.
Investment in electricity networks rose 28% to €6.3B.
Iberdrola proposed an interim dividend of €0.275 per share
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