Iberdrola’s net profit grows 3% until March, to 1,058 million euros

Iberdrola’s net profit grows 3% until March, to 1,058 million euros


International business, especially in the United States and Brazil, have boosted the company. In Spain its benefit has decreased by 29%, to 337 million euros.

Euskaraz irakurri: Iberdrolak 1,058 milioi euroko irabazi garbiak izan ditu lehen hiruhilekoan, iaz baino % 3 gehiago

Iberdrola has achieved a net profit of 1,058 million euros in the first quarter of the year, 3% more than in the same period of the previous year, as reported by the company on Wednesday in a statement.

International business, especially the United States and Brazil, have boosted the multinational, which has registered a sharp drop of 29% in its profit in Spain, to 337 million euros.

Spain accounts for less than a third of the company’s results.

With these numbers up to March, the company estimates a net profit for this year of between 4,000 and 4,200 million euros.


Source: Eitb

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