IBDRY News and Press, Iberdrola SA ADR Repstg 1 Ord Shs From 05/27/20

Red Eléctrica ( RDEIY ) (RDEIF) is the sole transmission agent and operator ((TSO)) of the Spanish electricity system. In their mandate, they are naturally required to supply electricity to Spanish households through the electricity grid, but they are also being required to spend a lot in...

Following our deep-dive analysis within the European regulated utilities sector, we came across to Iberdrola ( IBDSF ) (IBDRY), a Spanish holding company that engages in the generation, distribution, trading, and marketing of electricity. We are overweighting the European utilities sector with...

Iberdrola, S.A. (IBDSF) Q1 2020 Earnings Conference Call April 29, 2020 03:30 AM ET Company Participants Ignacio Cuenca Arambarri - Head, Investor Relations Ignacio Galán - Chairman & Chief Executive Officer Francisco Martínez Córcoles - Business Chief Executiv...

The following slide deck was published by Iberdrola, S.A. in conjunction with their 2020 Q1 earnings Read more ...

Iberdrola, S.A. (IBDSF) Q4 2019 Earnings Conference Call February 26, 2020 03:30 AM ET Company Participants Ignacio Cuenca Arambarri – Head, Investor Relations Ignacio Galán - Chairman & Chief Executive Officer Francisco Martínez Córcoles - Business Chie...

The following slide deck was published by Iberdrola, S.A. in conjunction with their 2019 Q4 earnings Read more ...

Summary The Utilities sector, just like the market as a whole, is trading at a high multiple, both historically (relative basis) as well as on an absolute basis. A multiple of ~20x is neither cheap, nor attractive, and that's especially true for the Utilities sector that trade with a 21.1x...

Siemens AG ( SIEGY , SMAWF ) will buy Iberdrola SA's ( IBDSF , IBDRY ) 8.1 percent stake in wind turbine manufacturer Siemens Gamesa Renewable Energy SA ( GCTAF , GCTAY ). Siemens will pay a price of €1.1 billion, or €20 per share. Once the transaction is completed, it will ...

Net profit at Siemens ( OTCPK:SIEGY ) rose to €1.08B from €1.01B in the same period a year earlier, while the company backed its guidance for the its 2020 fiscal year. More news on: Siemens Aktiengesellschaft, Iberdrola, S.A., Siemens Gamesa Renewable Energy, S.A., Read...

Siemens ( OTCPK:SIEGY ) says it is buying Iberdrola's ( OTCPK:IBDRY ) 8.1% stake in Siemens Gamesa Renewable Energy ( OTCPK:GCTAY ) for €20/share ($22.08) and will combine the business with its own energy unit ahead of a floatation later this year. More news on: Siemens Aktiengese...