Iberdrola will launch its new strategic plan to 2025 on November 9

MADRID, 21 (EUROPE PRESS)

Iberdrola will launch its new strategic plan on November 9, at its Capital Markets & ESG Day, which the energy company will celebrate in London.

The updating of the ‘road map’ of the energy company chaired by Ignacio Sánchez Galán was initially scheduled for last March, although it was postponed due to the uncertainty caused by the outbreak of war in Ukraine after the invasion of Russia at the end of February.

Iberdrola will update its strategy for the coming years, with visibility to 2025, and the main analysts and managers of international investment funds will attend the call, following the evolution of the company on the trading floor, as well as its financial position.

Last July, on the occasion of the presentation of the results for the first half of this year, the energy company already reiterated its net profit estimate of between 4,000 and 4,200 million for 2022, despite the poor performance of the business in Spain, where its result fell 26% in the first half of the year.

The energy company earned 36% more in the first half of the year, mainly driven by the good performance of its international businesses in the United States, Brazil and the United Kingdom.

Iberdrola supplies energy to nearly 100 million people in dozens of countries and develops its renewable, network and commercial activities in Europe (Spain, the United Kingdom, Portugal, France, Germany, Italy and Greece), the United States, Brazil, Mexico and Australia and maintains markets such as Japan, Ireland, Sweden and Poland, among others, as growth platforms.

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With a workforce of almost 40,000 people and assets of more than 150,000 million euros, in 2021 it obtained revenues of 39,100 million euros and a record net profit of 3,885 million euros.

The group contributes to the maintenance of 400,000 jobs in its supply chain, with annual purchases of more than 10,000 million euros. A benchmark in the fight against climate change, it has allocated more than 140,000 million euros in the last two decades to building a sustainable energy model, based on solid environmental, social and governance (ESG) principles.

The Article Is In Spanish🡽

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