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MarketScreener Homepage  >  Equities  >  Bolsas y Mercados Espanoles  >  Iberdrola, S.A.    IBE   ES0144580Y14

IBERDROLA, S.A.

(IBE)
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Iberdrola S A : 'We welcome the European Union's climate ambition to continue to move firmly towards climate neutrality'

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09/17/2020 | 10:04am EDT

Iberdrola chairman, Ignacio Galan, has valued the European Commission review regarding the emission reduction targets (from 40 % to 55 %) for 2030.

Galan welcomed 'the European Union's climate ambition to continue to move firmly towards climate neutrality', and said 'this new ambition still represents a unique opportunity for Spain that we have to take advantage of.'

The CEO is convinced 'we have the technologies, the innovative companies, an enormous capacity to respond to new projects and the necessary renewable resources'.

Even so, he points out, 'we must continue to accelerate the transition to stimulate economic recovery. The best way to do this is to support forward-looking sectors that are promoting sustainable and quality employment, as well as seeking to reduce emissions and pollution'. 'The EU was already promoting a sustainable growth strategy', he adds, 'based on the energy transition, and now we have a clear signal to speed-up this activity with the European Green Deal as a roadmap'.

Contact:

Susana Sanjuan

Tel: +34 91 784 32 32

Email: comunicacioncorporativa@iberdrola.es

(C) 2020 Electronic News Publishing, source ENP Newswire


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Financials
Sales 2020 36 892 M 43 733 M 43 733 M
Net income 2020 3 739 M 4 433 M 4 433 M
Net Debt 2020 39 561 M 46 897 M 46 897 M
P/E ratio 2020 18,5x
Yield 2020 3,87%
Capitalization 65 588 M 77 637 M 77 751 M
EV / Sales 2020 2,85x
EV / Sales 2021 2,75x
Nbr of Employees 35 816
Free-Float 94,7%
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Technical analysis trends IBERDROLA, S.A.
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 10,97 €
Last Close Price 10,71 €
Spread / Highest target 18,6%
Spread / Average Target 2,48%
Spread / Lowest Target -21,5%
EPS Revisions
Managers
NameTitle
José Ignacio Sánchez Galán Chairman, President & Chief Executive Officer
José Sáinz Armada Chief Financial & Resources Officer
Fernando Lucero Batalla Head-Information Technology & Finance
Íñigo Víctor de Oriol Ibarra External Director
Samantha Catherine Barber Independent Director
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