NETWORKS BUSINESS

First Half 2017

Networks business has yielded an Ebitda of €1,978.3M (+4.4%).

At the close of the First Half 2017:

• We can highlight the salient performance of the business in the United States, with its Ebitda increasing by 23.9%, totalling $681.8M and, in Brazil, with its Ebitda reaching R$436.4M (+12.8%), thanks to the increase in distributed energy and to the positive impact in the annual rate review of Elektro during August 2016 (+9.1%).
• In Spain, the Ebitda reaches €771.1M.

Further information on economic-financial and operating data of the Iberdrola Group can be found in the section In Figures, First Half 2017 Report Results [PDF] and Results Presentation First Half 2017 [PDF].