Iberdrola Raises 2026 Guidance Following 9% Profit Growth

Key Facts

1Iberdrola raised its full-year 2026 guidance after reporting a 9% increase in net profit during the first nine months of the year.

Iberdrola raised its full-year 2026 guidance after reporting a 9% increase in net profit during the first nine months of the year. Investing.com reported that the upward revision is driven by strong performance in the company's networks business and increased renewable energy production.

This growth occurred as Spain reported a trade balance deficit of 7.81 billion euros on October 20, 2026. Additionally, the ZEW Economic Sentiment Index for the Eurozone reached 18.5 on October 20, 2026, falling short of the 23.6 forecast.

Spanish consumer confidence data is scheduled for release on October 22, 2026, with a forecast of 83.4. Markets are also awaiting a speech by ECB President Christine Lagarde later today, October 21, 2026.