Jazztel improved its net benefit by 30% in the first quarter. Analysts expect for the telecom a yearly overall profit, income and EBITDA worth €84.6M, €1.08bn and €227M respectively. Jazztel is ready to meet its turnover goals. By utterly getting the fiber commercialisation up and running, the company will continue to grow steadily.
Link keeps its confidence in Jazztel as a solid Project in the Spanish telecom sector but highlights the sizeable share appreciation (85.7% up from February 2013)
Telefonica extended its corporate purpose to electricity services. The company will buy and sell for big clients such as businesses and public administrations.
Tecnicas Reunidas will build one of the largest electric energy generation plant in Arabia Saudi for €1.22bn. According to Sabadell, despite last Friday’s share price rise, it will bolster this trend. ACF point out Tecnicas Reunidas enhances its activity in an strategic country. Petrol company Saudi Aramco, partner since 2003, has become one of its most important clients.
“Inflation evolution is the only current factor likely to move ECB to action,” AFI states. Economic recovery intensifies, PMIs indicate an increase of exports and liquidity levels drop doesn’t bring interest rates rises.