Two weeks before the Q3 figures (expected on 30/10/2019), Iberdrola released updated production figures. Generation represents on average around half of EBITDA, the other half is the less volatile regulated network activities. Even though figures are far from being disappointing, they are not positive enough to justify a second rally of the stock price. Positive view reiterated, but with a limited upside.
16 Oct 2019
Production figures
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Production figures
Iberdrola SA (IBE:WBO) | 0 0 1.0% | Mkt Cap: 39,326m
- Published:
16 Oct 2019 -
Author:
Auguste DERYCKX LIENART -
Pages:
3
Two weeks before the Q3 figures (expected on 30/10/2019), Iberdrola released updated production figures. Generation represents on average around half of EBITDA, the other half is the less volatile regulated network activities. Even though figures are far from being disappointing, they are not positive enough to justify a second rally of the stock price. Positive view reiterated, but with a limited upside.