PRESENTATION OF FIRST HALF 2017 RESULTS
Iberdrola posted a net profit of €1,518M for the First Half 2017
Iberdrola obtained a net profit of €1,518M, 4.2% more than in the same period of the previous year. The Earnings Before Interest, Taxes, Depreciation, and Amortisation (Ebitda) totalled €3,752M, driven by the contribution of the Networks business, mainly in the United States. The investments have grown by 35%, reaching €2,512M. 91% of this amount is allocated to the Networks, Renewables and Generation businesses, with long-term contracts. The Operating cash flow (OCF) was €3,275M, increasing by 1.7% when compared with the First Half of 2016.
As part of the 'Iberdrola Flexible Dividend' scrip dividend scheme, these results have allowed an improvement of the shareholder remuneration by €0.147 gross per share, 18.5% higher than in July 2016, which, added to the €0.03 in cash per share, give a total of €0.177 per share for the month of July. In total, the remuneration for the year has reached €0.317 per share, almost 11% higher than last year.
Figures taken from the Results Report First Half 2017 [PDF] and the Presentation of Results First Half 2017 [PDF] published on 20 July 2017 by the company. For more information please see the Press Release, videos and audio published as part of the Presentation of Results First Half 2017 on 20 July 2017.
To find out the results of previous years access to Results.