Iberdrola released a strong set of Q1 19 results, higher than the consensus and our own expectations. Supported by higher network tariffs, and higher average achieved prices, when total production was slightly down. Consequently, the group moved its FY guidance for net profit and dividend from mid to high single-digit growth in both net profit and dividend.
25 Apr 2019
EPS and dividend guidance revised upward
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EPS and dividend guidance revised upward
Iberdrola SA (IBE:WBO) | 0 0 1.0% | Mkt Cap: 39,326m
- Published:
25 Apr 2019 -
Author:
Auguste DERYCKX LIENART -
Pages:
2
Iberdrola released a strong set of Q1 19 results, higher than the consensus and our own expectations. Supported by higher network tariffs, and higher average achieved prices, when total production was slightly down. Consequently, the group moved its FY guidance for net profit and dividend from mid to high single-digit growth in both net profit and dividend.