03:06 AM EDT, 04/29/2026 (MT Newswires) -- Iberdrola (IBE.MC) said Wednesday that its net profit and revenue dropped year over year in the first quarter.

Reported net profit for the three months ended March 31 was 1.71 billion euros, compared with 2 billion euros a year ago. EPS moved to 0.244 euro from 0.302 euro.

The Spanish electric utility company's revenue was 12.02 billion euros, compared with 12.58 billion euros earlier.

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