Select Language:

Share on:
Share this page on Facebook
Share this page on Twitter
Share this page on Google Plus
Share this page on LinkdIn
Share this page on WhatsApp
Skip to main content
CustomersNetworksRenewablesIberdrola.com

Main menu

Iberdrola Ends Stellar Year With Net Profit Of €2,353.7 Million (+41.8%)

20/02/2008

  • Fruit of investments totalling more than €25 billion in 2007.
  • IBERDROLA ENDS STELLAR YEAR WITH NET PROFIT OF €2,353.7 MILLION (+41.8%)
  • Ends 2007 as world’s 4th largest electricity company by market capitalization (nearly €51.3 billion) and close to €28 billion in shareholder funds

A Project Founded On Success

  • ScottishPower successfully integrated, now accounting for 24% of Group Ebitda (€1,351.6 million)
  • Iberdrola Renovables IPO completed and world leadership in wind power* reinforced, with renewables capacity of over 7,700 MW and a project pipeline of more than 42,000 MW
  • Friendly acquisition of Energy East (U.S.) to strengthen presence in this market
  • 2008-2010 Strategic Plan sets investments at €24.2 billion in Spain and abroad

Key Aspects Of 2007

  • Electricity production up 34.2% at 123,460 million kWh, driven by cleaner technology
  • CO2 emissions in Spain reduced (to 187 gr/kWh), confirming company as one of the cleanest energy producers
  • Continued growth amid an environment in Spain of low tariffs (-26%) and modest demand growth (+3%), with a positive contribution from international business

2007 Results

  • IBERDROLA Group Ebitda rose 42.4% to €5,538.2 millones, helped by business in the UK and U.S.
  • Efficiency ratio improved 6 percentage points, with strong performance in gross margin (+ 42.9%) compared to costs

 Please click here to view the press release in full. 

Back to top

Footer