Fiscal Year 2017
The network business yields an EBITDA of €4,228.1 million (+3.6%).
At the close of the Fiscal Year 2017:
- The Networks Business increased its contribution to EBITDA, backed by the improvement of Networks USA (+7.1%) and Brazil (+95.8%), whose EBITDA climbed to BRL 861 million following the consolidation of Neoenergia, increased distributed energy (+1.2%), positive impact of Elektro's annual tariff revisions and efficiency plan provisions.
- Over 60% of the EBITDA for Networks now comes from foreign contributions.
- In Spain, the EBITDA reached €1,520 million.
Further information on economic-financial and operating data of the Iberdrola Group can be found in the section In Figures, Fiscal Year 2017 Results Report [PDF] and Fiscal Year 2017 Results Presentation [PDF].