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Iberdrola S.A. (OTCPK:IBDSF) Q3 2024 Earnings Name Transcript October 23, 2024 3:30 AM ET
Firm Members
Ignacio Arambarri – Director, IRIgnacio Galan – Govt ChairmanPepe Sainz – CFOArmando Martinez Martinez – CEO
Ignacio Arambarri
Good morning, women and gents. Initially, we wish to provide a heat welcome to all of you who’ve joined us right now for our 2024 9 Months Outcomes Presentation. As typical, we are going to observe the normal format given in our occasion. We’re going to start with an summary of the outcomes and the primary developments in the course of the interval given by the highest govt staff that normally is with us. Mr. Ignacio Galan, Govt Chairman; Mr. Armando Martinez, CEO; and eventually, Mr. Pepe Sainz, CFO. Following this, we’ll transfer on to the Q&A session.
I might additionally like to focus on that we’re solely going to take questions submitted through the online, so please ask your query solely via our webpage www.iberdrola.com. Lastly, we anticipate that right now’s occasion is not going to final a couple of hour, hoping that this presentation might be helpful and informative for all of you.
Now, with out additional ado, I wish to give the ground to Mr. Ignacio Galan. Thanks very a lot once more. Please, Mr. Galan.
Ignacio Galan
Thanks, Ignacio. Good morning, everybody, and thanks very a lot for becoming a member of right now’s convention name. Within the first 9 months, our reported internet revenue reached EUR5,471 million, up by 50%. We reported EBITDA reaching EUR13,269 million. In recurring phrases, EBITDA elevated by 11% to EUR11,551 million pushed by exterior working efficiency throughout all our companies. We proceed growing our regulated profile with Networks’ EBITDA up by 11%, because of a better price base and tariff will increase particularly in UK and United States. Power manufacturing and prospects can be up 11% on account of new offshore, new capability in France and Germany and
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