Iberdrola increases its net profit by 8.4 % at the close of the First Half 2021 to 1,844 million euros
The group's gross operating profit (EBITDA) has grown by 10.2 % to reach €5.444 billion (a growth of 15 % excluding the impact of the COVID-19 pandemic and the exchange rate). These results have been driven by record investments of €4.909 billion (+37 %) over the period, 45 % of which in Renewables and 46 % in Networks; by markets, more than half were made in the United States and Spain, while the investments made in the International area are on the rise and now represent 17.2 %. Likewise, the company has made purchases from suppliers worth €18 billion since January 2020 and helped to maintain 400,000 jobs worldwide. Additionally, of the capacity planned for 2025, close to 22,000 MW (80 %) are now under construction or have reached a high degree of maturity.