Iberdrola
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Iberdrola reported H1 net profit of 4.34 billion euros, up 22% year over year. Net profit from continuing operations fell 8.6% to 3.41 billion euros. Adjusted EBITDA rose 7% to 8.05 billion euros, and adjusted net profit increased 8% to 3.57 billion euros. The company reaffirmed a full-year adjusted net profit growth outlook comfortably above 8%.
Reaffirmed FY growth above 8% plus higher adjusted earnings supports a constructive valuation narrative for Iberdrola.
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Iberdrola reported H1 net profit of 4.34 billion euros, up 22% year over year. Net profit from continuing operations fell 8.6% to 3.41 billion euros. Adjusted EBITDA rose 7% to 8.05 billion euros, and adjusted net profit increased 8% to 3.57 billion euros. The company reaffirmed a full-year adjusted net profit growth outlook comfortably above 8%.
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