IBEX

Ferrovial Closed 2019 with a Profit of 268 Million Euros

Renta 4 | Ferrovial (FER) obtained a net profit of 268 million euros last year, which managed to settle in “black numbers” and thus reverse the losses with which it had closed 2018 and had been justifying over the first three quarters of 2019, thanks to the capital gains from the sale of the Ausol highway in Malaga.





Endesa dividend yield

Endesa And Enel Put In Place A Contingency Plan To Combat Coronavirus

Endesa board of directors includes Italian members of Enel, such as the CEO of the Italian energy company, Francesco Starace, who is vice president of the Spanish company, and who, due to this plan, did not attend the meeting of the company’s governing body convened to approve the company’s last year’s results.


The challenge for Spanish banks in 2019: improve profit margins, still at historic lows

Spanish banks: less profit, more dividends: M&A on hold (for now)

The credit quality of Spanish banks looks solid, despite the pull-back in reported profits. Solvency ratios sitting comfortably above requirements offer greater leeway for capital distribution and will result in higher returns, benefiting investors, says Scope Ratings. Spanish bank creditors should see the banks’ improved capital-generation capacity as a sign of strength, even if capital ratios have peaked for this cycle.


Saudi Arabia inaugurates the high speed railway from Mecca to Medina

Consortium Sends First Contract Termination Notice Due To New Payments Delay For Mecca AVE

The Al Shoula consortium (Renfe, Adif, Ineco, Cobra, OHL, Indra, Consultrans, Copasa, Siemens, Imathia, Abengoa and Talgo) for the construction and operation of the Mecca-Medina high speed train would have sent a first contract termination notice due to the delay in payment by the Saudi Railway Organization that could amount to about 200 million euros.



Mapfre Lifts Net Profit 15.2% To 609 Million Euros In 2019

Mapfre recorded a 15.2% increase in 2019 net profit to 609 million euros, with revenues up 7.1% at 28,472 million euros. The company headed by Antonio Huertas will pay 447 million euros in dividends from 2019 results, amounting to 0.145 euros per share and a yield of 5.7%.