HIGHLIGHTS OF THE PERIOD: NINE MONTHS 2018
Operating Net Profit grows 38% to EUR 2,051 M and Reported Net Profit reaches EUR 2,091 M
Infographic 2018 9M Results.
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HIGHLIGHTS OF THE PERIOD
Operating Net Profit1 grows 38% to EUR 2,051 M and Reported Net Profit reaches EUR 2,091 M
Total Net Investments of EUR 3,645 M in the first nine months
Efficiency improvement: Net Operating Expenses to Gross Margin ratio improves by 180 basis points (vs 9M 2017)2
EBITDA reaches EUR 6,720 M, up 22.5% driven by double digit growth in all businesses
Executing on our asset rotation plan: Divestments worth EUR 1,200 M. Concentrating further on clean power
Avangrid3: Adjusted Net Profit reaches USD 511 M, +3
Neoenergia4: Net Profit reaches R$ 1,170 M, +357%
Maintaining our commitment of increasing shareholder remuneration in line with results
Interim shareholder remuneration
Payable in January 2019: Eur 0.15/share +7.1%
Supplementary shareholder remuneration
To be announced in February 2019: To be approved at AGM and payable in July 2019
12017 excludes positive one off impacts of Gamesa merger, capital gains from Neoenergia and portfolio price revision in Gas Spain.
2Excluding positive non-operating portfolio price revision in Gas Spain in 2017.
3American subsidiary that is listed on the New York Stock Exchange and of which Iberdrola controls 81.5%.
4Brazilian subsidiary of which Iberdrola owns 52.45%.
- Iberdrola posts €2.09 billion net profit, 13.5% down, free of €759m extraordinary impacts of 2017
- Iberdrola obtains an ordinary net profit of €1.368 billion in the first half of 2018, an increase of 27%
- Iberdrola improves its net profit to €838 million in the first quarter
- Iberdrola will invest €32 billion between 2018 and 2022, building the foundations for sustainable growth in the next decade