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Iberdrola SA (IBE.MC)

IBE.MC on Madrid SE C.A.T.S.

6.27EUR
27 Feb 2017
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Latest Key Developments (Source: Significant Developments)

Spain's Iberdrola sees annual net profit growth of 7.5 pct to 2020
Wednesday, 22 Feb 2017 04:53am EST 

Spain's Iberdrola : Says sees net profit annual average growth of 7.5 percent until 2020 . Says sees Ebitda annual average growth of 6 percent until 2020 . Says sees dividend of 0.37- 0.40 euros ($0.39-$0.42) per share in 2020 Further company coverage: [nL8N1G71UJ] ($1 = 0.9517 euros) (Madrid Newsroom) ((madrid.newsroom@thomsonreuters.com; +34 91 585 21 51;)).  Full Article

Iberdrola to propose share buyback program of up to 0.48 pct of capital
Tuesday, 21 Feb 2017 11:42am EST 

Iberdrola SA :To propose share buyback program of up to 0.48 percent of its capital, worth up to 217.2 million euros ($229.1 million) and covering as much as 31 million shares.  Full Article

Gamesa wins two new contracts with Iberdrola to supply 134 wind turbines in Mexico
Friday, 20 Jan 2017 01:12am EST 

Gamesa SA :Wins two new contracts with Iberdrola through its mexican unit Gesa Eolica Mexico SA for the supply of 134 wind turbines for a total of 325.5 MW in Mexico.  Full Article

Iberdrola awards Ferrovial with deal for hydroelectric plant in Portugal for 80 million euros
Tuesday, 10 Jan 2017 06:21am EST 

Iberdrola SA :Awards Ferrovial with deal to build Gouvaes hydroelectric plant in Portugal for 80 million euros ($84.70 million).  Full Article

Iberdrola closes 750 mln euro bonds issue, runs repurchase for four other issues
Thursday, 24 Nov 2016 12:32pm EST 

Iberdrola SA : Says closes bonds issue for 750 million euros ($792 million) due 2024 at 1 percent annual coupon and 99.177 percent nominal issue price .Runs a partial repurchase offer for four bond issues maturing in 2017 and 2018.  Full Article

Spain's Iberdrola says not expecting changes in UK regulated returns
Wednesday, 26 Oct 2016 04:32am EDT 

Spain's Iberdrola : Owner of Scottish Power says does not see any changes to regulated returns in the United Kingdom after Britain's vote to leave the European Union . Says expects financial debt costs to keep falling in the coming years, sees improvement in 2017 . Says debt at the end of 2016 will be around 29 billion euros ($31.66 billion) . Says investment plans to 2020 could be increased, will give more details in 2017 investor day Further company coverage: [IBE.MC] ($1 = 0.9159 euros) (Reporting by madrid.newsroom@thomsonreuters.com) ((+34 91 585 2151;)).  Full Article

Spain's Iberdrola says increases net profit targets for 2016
Wednesday, 26 Oct 2016 03:13am EDT 

Spain's Iberdrola : Says in presentation to investors that nine-month earnings allow it to reaffirm 2016 target on earnings before taxes, interest, depreciation and amortisation (Ebitda), and to upgrade forecasts on net profit [nRSD3JtTB3] . Does not detail new forecast for 2016 net profit . Conference call with analysts due at 0930 CET / 0730 GMT Further company coverage: [IBE.MC] (Reporting by madrid.newsroom@thomsonreuters.com) ((+34 91 585 2151;)).  Full Article

Spain's Iberdola posts 6 pct profit rise in year to September
Wednesday, 26 Oct 2016 02:13am EDT 

Spain's Iberdrola : Says nine-month earnings before interest, taxes, depreciation and amortization (Ebitda) rise 4.2 percent year-on-year to 5.7 billion euros ($6.2 billion), in line with forecasts in a Reuters poll of analysts [nL8N1CR59S] . Says nine-month net profit up 6.4 percent year-on-year to 2 billion euros, also in line with forecasts . Says confirms year-end targets for Ebitda growth of around 5 percent and net profit growth of more than 5 percent Further company coverage: [IBE.MC] ($1 = 0.9186 euros) (Reporting by madrid.newsroom@thomsonreuters.com) ((+34 91 585 2151;)).  Full Article

Spain's Iberdrola to increase interim dividend by 8 pct against 2016 results
Tuesday, 25 Oct 2016 12:14pm EDT 

Iberdrola : Says is proposing paying an interim dividend of 0.135 euros ($0.1469) per share against 2016 results, an increase of 8 percent against a previous dividend of 0.125 euros . The company pays out through a scrip dividend, where investors can choose between a cash payment or shares . Against 2015 results, the company paid a gross dividend of 0.28 euros per share and its target is to grow dividends in line with profits .Company has a payout target of between 65 percent and 75 percent.  Full Article

Iberdrola to build two new wind farms on Canary Islands for 40 mln euros
Tuesday, 23 Aug 2016 06:32am EDT 

Iberdrola SA : To build two new wind farms on Canary Islands for about 40 million euros ($45 million) .The wind farms Las Aulagas (13.8 MW) and Chimiche II (18.4 MW) will be located on Tenerife.  Full Article

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BRIEF-Spain's Iberdrola sees profits growing "mid single digit" in 2017

* Says sees Ebitda, net profit growing "mid single digit" in 2017 Further company coverage: (Madrid Newsroom)