Iberdrola S.A. (OTCPK:IBDSF) Q3 2024 Earnings Name Transcript October 23, 2024 3:30 AM ET
Firm Individuals
Ignacio Arambarri – Director, IR
Ignacio Galan – Government Chairman
Pepe Sainz – CFO
Armando Martinez Martinez – CEO
Ignacio Arambarri
Good morning, women and gents. To begin with, we want to provide a heat welcome to all of you who’ve joined us right now for our 2024 9 Months Outcomes Presentation. As regular, we’ll observe the standard format given in our occasion. We’re going to start with an summary of the outcomes and the primary developments in the course of the interval given by the highest government crew that normally is with us. Mr. Ignacio Galan, Government Chairman; Mr. Armando Martinez, CEO; and eventually, Mr. Pepe Sainz, CFO. Following this, we’ll transfer on to the Q&A session.
I’d additionally like to focus on that we’re solely going to take questions submitted by way of the net, so please ask your query solely via our webpage www.iberdrola.com. Lastly, we anticipate that right now’s occasion won’t final a couple of hour, hoping that this presentation will probably be helpful and informative for all of you.
Now, with out additional ado, I want to give the ground to Mr. Ignacio Galan. Thanks very a lot once more. Please, Mr. Galan.
Ignacio Galan
Thanks, Ignacio. Good morning, everybody, and thanks very a lot for becoming a member of right now’s convention name. Within the first 9 months, our reported web revenue reached EUR5,471 million, up by 50%. We reported EBITDA reaching EUR13,269 million. In recurring phrases, EBITDA elevated by 11% to EUR11,551 million pushed by exterior working efficiency throughout all our companies. We proceed rising our regulated profile with Networks’ EBITDA up by 11%, due to a better fee base and tariff will increase particularly in UK and United States. Vitality manufacturing and prospects can be up 11% on account of new offshore, new capability in France and Germany and