Iberdrola Raises Guidance After Net Profit Jumps
By Aimee Look
Spanish energy giant Iberdrola raised its guidance for the full year after reporting a rise in net profit for the third quarter.
The company said Tuesday that net profit for the third quarter of 2025 was 1.74 billion euros ($2.03 billion), up from 1.34 billion euros the same period a year earlier. Adjusted net profit grew 16.6% to 5.12 billion euros for the first nine months of the year.
Reported revenue grew 2.3% to 33.86 billion euros in the nine-month period.
The company raised its guidance for the full year, anticipating adjusted net profit to grow by double digits to reach more than 6.2 billion euros when excluding cost recognition linked to its networks business in the U.S. The company had previously guided for a rise in the mid to high single-digit range.
When including network cost recognition in the U.S., Iberdrola expects adjusted net profit to grow by double digits to 6.6 billion euros.
Write to Aimee Look at aimee.look@wsj.com
(END) Dow Jones Newswires
October 28, 2025 04:37 ET (08:37 GMT)
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