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4-Traders Homepage  >  Equities  >  Bolsa de Madrid  >  Iberdrola    IBE   ES0144580Y14

IBERDROLA (IBE)
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Iberdrola : Northern HeliCopter wins six year wind farm contract

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11/10/2017 | 03:14pm CET

German operator Northern HeliCopter has won a six year contract in support of the Wikinger offshore wind farm. The installation is 75km off the Island of Rgen, and will consist of 70 Adwen 5MW turbines and one offshore substation with a helideck. Spanish owned engergy company Iberdrola is investing 1.4 billion to construct Wikinger, the companys first offshore windfarm in German waters. Wikinger is scheduled to be fully operational by the end of this year.

Flights will be operated on a call-off basis, allowing Iberdrola flexibility. Northern HeliCopter will fly up to 10 passenger per flight in one of their EC155s from a base at Gttin airport.

(c) 2017 Saudi Research and Publishing Co. All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials (€)
Sales 2017 30 523 M
EBIT 2017 4 192 M
Net income 2017 2 899 M
Debt 2017 33 306 M
Yield 2017 5,09%
P/E ratio 2017 13,41
P/E ratio 2018 13,50
EV / Sales 2017 2,38x
EV / Sales 2018 2,13x
Capitalization 39 416 M
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Mean consensus OUTPERFORM
Number of Analysts 30
Average target price 7,11 €
Spread / Average Target 16%
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Managers
NameTitle
José Ignacio Sánchez Galán Chairman & Chief Executive Officer
José Sáinz Armada Chief Financial & Resources Officer
Íñigo Víctor de Oriol Ibarra External Director
Braulio Medel Cámara Independent Director
Samantha Barber Independent Director
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