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    IBE   ES0144580Y14

IBERDROLA, S.A.

(IBE)
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Real-time Estimate Tradegate  -  07:27 2022-12-08 am EST
10.85 EUR   -0.66%
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Iberdrola : “The fight against global warming is an opportunity”

01/22/2020 | 07:24am EST

To mark his attendance at the World Economic Forum meeting in Davos, Iberdrola chairman and CEO Ignacio Galán, who has been a regular for the last 15 years, told the Spanish newspaper La Vanguardia that he agrees we are in the throes of a climate emergency and how pleased he is that this topic is the focus of debate.

According to Galán, 'the fight against global warming is an opportunity and will generate significant benefits for society, not only environmental, but also by reducing energy dependency, supply security, electricity prices and by improving health'.

He also warned that we are experiencing a climate emergency, in response to which action is required 'not only regarding supply, but also demand, through the electrification of transport'. 'Less talk and more action: time is running out', he added.

In this regard, he reiterated that the company is the world leader in renewables, with 31,000 MW of installed capacity, generating zero-emissions energy in the United Kingdom, Germany, Portugal and the United States.

Disclaimer

Iberdrola SA published this content on 22 January 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 January 2020 12:23:05 UTC


© Publicnow 2020
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Analyst Recommendations on IBERDROLA, S.A.
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Financials
Sales 2022 46 194 M 48 467 M 48 467 M
Net income 2022 4 193 M 4 400 M 4 400 M
Net Debt 2022 46 259 M 48 535 M 48 535 M
P/E ratio 2022 16,6x
Yield 2022 4,29%
Capitalization 68 453 M 71 821 M 71 821 M
EV / Sales 2022 2,48x
EV / Sales 2023 2,48x
Nbr of Employees 40 543
Free-Float 98,2%
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Number of Analysts 22
Last Close Price 10,92 €
Average target price 11,70 €
Spread / Average Target 7,12%
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Managers and Directors
Armando Martínez Martínez Chief Executive Officer & Director
José Ignacio Sánchez Galán Executive Chairman & President
José Sáinz Armada Director-Finance, Control & Corporate Development
Fernando Lucero Batalla Head-Information Technology & Finance
Maria Dolores Herrera Pereda Compliance Director
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