- Iberdrola’s fourth quarter net income fell significantly to EUR 141.3 million, an 88% drop compared to the previous year.
- Fourth quarter EBITDA slightly decreased by 1.5% to EUR 3.58 billion, missing estimates of EUR 3.71 billion.
- Fourth quarter revenue declined by 4.3%, totaling EUR 11.62 billion.
- Fourth quarter EBIT dropped by 70% to EUR 657.8 million.
- For the full year of 2024, Iberdrola’s EBIT grew by 8.4% to EUR 9.73 billion, falling short of the expected EUR 10.08 billion.
- The Networks Business posted a 12% EBIT increase to EUR 3.89 billion, just under the EUR 3.95 billion estimate.
- Yearly EBITDA rose by 17% to EUR 16.85 billion, exceeding the EUR 16.24 billion forecast.
- Networks Business EBITDA increased by 6.9% to EUR 6.42 billion, slightly below the EUR 6.5 billion projection.
- Production and customers segment experienced a 22% EBITDA growth, reaching EUR 10.49 billion, surpassing the EUR 9.83 billion estimate.
- Electricity production and customers business saw a revenue decline of 17% to EUR 26.29 billion, against an estimate of EUR 30.81 billion.
- Revenue from other businesses rose sharply by 74% to EUR 77.0 million.
- Pretax profit increased by 16% to EUR 8.10 billion, slightly below the anticipated EUR 8.41 billion.
- Net income for the year totaled EUR 5.61 billion, aligning closely with the estimated EUR 5.54 billion.
- Adjusted net debt increased by 8% to EUR 51.67 billion.
- Overall revenue for the year was EUR 44.74 billion, a 9.3% decrease, missing the EUR 49.48 billion estimate.
- Investor sentiment includes 14 buy ratings, 17 holds, and 2 sells.
“`
A look at Iberdrola SA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts are optimistic about the long-term outlook for Iberdrola SA, a company that specializes in clean energy, particularly wind power. Assessing various factors through Smartkarma Smart Scores, Iberdrola SA received favorable ratings across the board. The company scored well on Dividend and Growth, indicating a solid financial performance and positive prospects for expansion. Additionally, with decent scores in Value, Resilience, and Momentum, Iberdrola SA appears well-positioned to weather market challenges and sustain its growth trajectory.
With a robust presence in key markets such as the United Kingdom, United States, Spain, Portugal, and Latin America, Iberdrola SA‘s focus on clean energy aligns with the growing global trend towards sustainable practices. Investors may find the company’s strong performance metrics and commitment to renewable energy appealing for long-term investment opportunities.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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