Iberdrola earns 5,116 million until September, 16% more

Iberdrola is accountable to the market to show muscle. The electricity company chaired by Ignacio Galán faces the final stretch of the year with a net profit of 5,307 million euroswhich represents an increase of 17% excluding capital gains from the divestment of part of its assets in Mexico. With a business increasingly focused on electrical networks, the company is improving at all levels recorded at this time last year and has reached record investments with 9,000 million euros disbursed to grow in its two priority markets: the United States and the United Kingdom.

Iberdrola’s momentum is also reflected in its gross operating result (Ebitda), which between January and September reached 12,438 million eurosa 4.4% more than in the same period of the previous year. The business of networks was once again the great driving force of the group, with a growth of 26% in its operating results thanks to the solid performance in United Kingdom and United States. On the other hand, the areas of renewables and customers recorded a decline in 11%a drop attributed to the lower contribution from Mexico after the divestments and the increase in the costs of complementary services in the Iberian Peninsula.

If any of these aspects shed clues about the direction the Spanish listed company is taking, it is its investments: more than 60% of the almost 9,000 million invested are concentrated in United Kingdom (2,818 million) and United States (2,715 million)the company’s two large strategic markets, while the rest is distributed between the Iberian market (1,340 million), Latam (1,318 million) and the EU and Australia package (773 million). By nature, the 55% of its investments in this period have been allocated to the business of networkswhich increased its investments by 12%until the 4,904 million euroswith a jump of 25% in distribution. The area of renewable also maintained a solid pace, with 3,442 million euros invested, of which more than 60% They also targeted projects in the United Kingdom and the United States. In the British case, investment skyrocketed 45% for the advancement of offshore wind farms under construction.

Improved forecasts and record dividend

With these results, Iberdrola has revised upwards its objectives for the entire year and plans to close 2025 with a adjusted net profit of 6.6 billion euroswhich will mean a double digit growth compared to last year. The total net profit will exceed 6.2 billionwithout counting the 389 million already received in the United States for regulated costs from previous years.

Regarding shareholder remuneration, the group will propose a interim dividend of 0.25 euros per sharea 8.2% higher than last year and the highest in its history. To this payment will be added the complementary dividendwhich must be approved at the next general meeting and will be paid in the third quarter of 2026.

“Thanks to greater investments in the United Kingdom and the United States, the networks increase their operating results and their cash generation, which allows us improve the year-end forecast to 6.6 billion euroswith a double-digit increase, and distribute an interim dividend of 0.25 euroswhile we continue to increase our financial strength,” celebrated its president in announcing the results, which point to a record of profits and dividends at the end of the year.