PRESENTATION OF THE RESULTS FOR THE FIRST HALF 2016
Iberdrola posts €1.457 billion net profit in first half
Iberdrola posted net profit of €1.457 billion in the first half of 2016. Gross operating profit (EBITDA) stands at €3.892 billion, up 1.4% on the same period year on year, and up by 5.8% if atypical factors and the exchange rate effect are excluded. Recurring net profit amounts to €1.427 billion, a 13,8% increase on the first six months of 2015. Investments rose by 42.7% to reach €1.859 billion. Of this amount, 68% was allocated to growth projects and 82% to regulated businesses. Funds from operations (FFO) stands at €3.226,8 billion, i.e. an increase of 6.5% on the first six months of previous year.
Figures taken from the Results Report First Half 2016 [PDF] and the Presentation of Results First Half 2016 [PDF] published on 20 July 2016 by the Company. For more information please see the Press Release, videos and audio published as part of the Presentation of Results for the First Half 2016 on 20 July 2016.
To find out the results of previous years access to Results.