Published by Global Banking and Finance Review
Posted on September 22, 2025
MADRID (Reuters) -Spanish power utility Iberdrola expects its net profit to surpass 6.4 billion euros ($7.52 billion) this year and rise further to reach 7.3 billion euros in 2028, newspaper Expansion reported on Monday.
Iberdrola booked a net profit of 5.61 billion euros in 2024.
The company is due to release a new three-year strategic plan on Wednesday and Expansion said it had access to some of details.
Iberdrola did not immediately respond to requests for comment.
($1 = 0.8513 euros)
(Reporting by Inti Landauro and Javi West; Editing by Kirsten Donovan)
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