Iberdrola expands the business

There is still growth in the forecast for Spain's Iberdrola, which is increasingly betting on green energy over fossil fuels, according to the firm's latest quarterly report with double-digit growth rates.

Photo: iberdrola

More money is working its way through Spain's Iberdrola, according to the company's new report for this year's first quarter.

The report reveals that revenue rose 14 percent to EUR 9.34 billion relative to the year before, and Iberdrola writes that this is considered a positive development across the various branches of the organization.

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