- Since 2000, Iberdrola has been tripling the renewable capacity and eliminated the use of coal and oil.
- Nevertheless, dividend tripled, net profit quadrupled, EBITDA increased fivefold and the market cap rose by almost a factor 6.
- The company aims to invest €150Bn over the coming decade to boost renewable capacity, expand networks and grow the customer base.
- Simultaneously, it intends to grow the dividend from the current €0.40 to €0.70 per share by 2030.
- Given the financial performance and outlook, Iberdrola presents an attractive investment opportunity.
For further details see:
Iberdrola: Ahead Of Oil Majors And Well Positioned For Growth