Iberdrola books surprising Q2 result

The Spanish utility's operating result for Q2 2021 is completely in line with expectations, while the bottom line ended up higher than forecast despite a lack of demand due to Covid-19.

Photo: PR / Iberdrola

Spanish utility Iberdrola remains affected by the Covid-19 crisis, though less so than previously, writes the company in its second-quarter financial report.

Iberdrola's operating result landed within analyst expectations, according to consensus estimates gathered by Bloomberg News, while the net result and revenue went above the forecasts.

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