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    IBE   ES0144580Y14

IBERDROLA, S.A.

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Iberdrola : “The fight against global warming is an opportunity”

01/22/2020 | 07:24am EDT

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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Financials
Sales 2021 36 985 M 44 778 M 44 778 M
Net income 2021 3 652 M 4 421 M 4 421 M
Net Debt 2021 39 672 M 48 031 M 48 031 M
P/E ratio 2021 19,3x
Yield 2021 3,93%
Capitalization 70 761 M 85 430 M 85 671 M
EV / Sales 2021 2,99x
EV / Sales 2022 2,94x
Nbr of Employees 35 637
Free-Float 95,5%
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Mean consensus OUTPERFORM
Number of Analysts 27
Average target price 12,01 €
Last Close Price 11,18 €
Spread / Highest target 45,9%
Spread / Average Target 7,44%
Spread / Lowest Target -23,0%
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Managers and Directors
NameTitle
José Ignacio Sánchez Galán Chairman, President & Chief Executive Officer
José Sáinz Armada Chief Financial & Resources Officer
Fernando Lucero Batalla Head-Information Technology & Finance
Maria Dolores Herrera Pereda Compliance Director
Juan Carlos Rebollo Liceaga Group Director-Administration & Control
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