Previous close | 48.87 |
Open | 49.07 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 49.07 - 49.46 |
52-week range | 41.24 - 53.19 |
Volume | |
Avg. volume | 113,633 |
Market cap | 77.616B |
Beta (5Y monthly) | 0.57 |
PE ratio (TTM) | 16.18 |
EPS (TTM) | 3.05 |
Earnings date | N/A |
Forward dividend & yield | 0.90 (1.82%) |
Ex-dividend date | 09 May 2024 |
1y target est | 59.22 |
MADRID (Reuters) -Spanish utility Iberdrola on Wednesday raised its profit target for the year after a strong first quarter on the back of high renewable output in Spain and tariff increases in its network business in the U.S. and elsewhere. It now expects high single-digit profit growth this year, from previous guidance for growth of between 5% and 7%. First-quarter net profit rose to 2.76 billion euros ($2.95 billion) from 1.49 billion euros a year earlier, thanks to asset sales.
European utility Engie is set to join Iberdrola and a group of investors in preparing bids for British power network Electricity North West (ENWL) in the coming weeks, people with knowledge of the matter said. Besides the two utilities, among the investment and infrastructure firms working on potential offers are Canadian investor Caisse de dépôt et placement du Québec (CDPQ) and a consortium of private equity firm KKR with Dutch pension fund APG, two of the sources said. Jefferies, which is advising ENWL's shareholders on the sale, has requested the interested parties to submit indications of interest in the first weeks of May, two other sources said.
In this article, we will discuss the 15 biggest Spanish companies. If you want to skip our analysis, you can proceed to the section highlighting the 5 Biggest Spanish Companies. Economy of Spain According to a report by the European Commission, the Spanish economy is projected to grow at 2.5% in 2023, 1.7% in 2024, […]