NETWORKS BUSINESS

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].