Iberdrola says net profit from its international activities rose by 52%, while profits in Spain fell by 36%.
Earnings before interest, tax, depreciation and amortisation (Ebitda) were €5.78bn, thanks mainly to its networks and renewables divisions, which between them contributed 76% of the total. Revenues rose 8% to over €25bn.
Ebitda from renewables rose by 16.4% to €1.18bn, Iberdrola says, making it the business that grew most in the period.
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