Economic-financial Figures

You can consult the main economic and financial indicators and the evolution of the different Iberdrola España businesses in First Quarter 2018 Results Report [PDF].

The EBITDA figures for Iberdrola España businesses at the close of the First Quarter 2018 were:

Networks:

Ebitda were 425.4 million euros (+9.8%), thanks to the recognition in 2017 of positive reassessments from previous years and the impact of a ruling on ICA-funded facilities for 8 million euros.

Generation and Retail:

The EBITDA rose 46.4% to 224.8 million euros.

  • With a lower production of 6.7% caused by lower nuclear generation (-8.8%), cogeneration (-15.4%) and coal (-26.2%), which could not be offset by the combined gas cycles (+37.4%).
  • Higher margins resulting from a fall in procurement costs.
  • Greater commercial activity with a higher volume of sales in electricity, products and services.
  • Positive impact of gas business compared to 2017 (+33 million euros), due to the increase in margins of both wholesale operations and the commercial activity.

Renewables

The Ebitda were €242.1 million (+4.9%), thanks to an increase in production of 25.1%, which more than offset the reduction in the average price (-2.6%).