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The Corner

The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.

Companies 21st April 2026

Enagás reports Q1 2026 revenue of €56.9 million, year-on-year decline of 12.7%

Link Securities | The company has today posted its results for the first quarter of the financial year (Q1 2026) and its year-on-year comparison, from which we highlight the following points: Enagás’ total revenue as at 31 March 2026 amounted to €227.4 million, representing an increase of €17.3 million and an improvement of 8.2% compared to Q125 (11.9% compared to FactSet’s analyst consensus).The change in revenue is explained by the…

Companies, Relevant News Item 21st April 2026

Enagás acquires 31.5% stake in Térega, one of two gas transmission system operators in France, from GIC for €573 million

Bankinter | Enagás has announced the purchase of a 31.5% stake in Teréga for €573 million from GIC. Teréga is one of the two operators of the gas transmission system in France, managing a network of 5,100 km of gas pipelines in the south-west of the country. Teréga operates 16% of the French gas transmission network and 27% of the national storage capacity. Teréga’s network is connected to Enagás’s via…

Companies 21st April 2026

Squirrel completes acquisition of 100% of Green Shark Group

Link Securities | Squirrel (SQRL) has announced that it has completed the acquisition of 100% of the Green Shark Group, following the signing of the relevant sale and purchase agreement and its notarisation, having fulfilled the conditions set out for the closing of the transaction. The Green Shark Group, comprising various companies operating in the areas of Media, Content and Network, including Guadalmedia Publicidad, Guadalmedia Málaga, Fullmedia Andalucía, Decamedios, IMC…

Companies 21st April 2026

Cellnex in talks again to sell 72% stake in Swiss unit, valued at around €2 billion

Norbolsa | Cellnex is in talks to sell its 72% stake in its Swiss subsidiary to the investment arm of Manulife (a Canadian insurer), having put the sale on hold last year due to offers being too low. The Swiss unit is valued at around €2 billion, although negotiations are still ongoing and there is no guarantee that a deal will be finalised. This potential move forms part of Cellnex’s…

Companies 21st April 2026

Australian and Singaporean health authorities approve Pharmamar’s Zepzelca as first-line treatment for lung cancer

Link Securities | Pharmamar (PHM) announced to the National Securities Market Commission (CNMV) that the Australian Therapeutic Goods Administration (TGA) and Singapore’s Health Sciences Authority (HSA) have granted approval for Zepzelca (lurbinectedin) in combination with atezolizumab (Tecentriq) as a first-line maintenance treatment for adults with advanced small cell lung cancer (ES-SCLC) whose disease has not progressed following first-line induction treatment with atezolizumab, carboplatin and etoposide.

Companies, Relevant News Item 21st April 2026

Talgo wins contract in Sweden, bringing order book to €6.5 billion

Renta 4 | Talgo (TLGO) has informed the National Securities Market Commission (CNMV) that it has been awarded a contract in Sweden for the supply of 10 locomotives, 9 daytime trainsets and 11 night-time trainsets, as well as their maintenance for 10 years. Under the terms of this contract, the client has the option to extend the initial order by requesting the supply of 9 additional locomotives, 7 additional daytime…

Spanish economy 21st April 2026

Number of completed homes continues to fall while prices skyrocket

The number of building completion certificates in Spain stood at 20,720 units between July and September 2025, compared to 23,186 during the same period a year earlier. This drop of over 10% is the largest ever recorded in a third quarter and the sharpest overall, trailing only the 11.4% decline in the first quarter of 2025 and the 10.9% drop in the second quarter of 2020, at the height of…

Companies 20th April 2026

Aena Q1 2026 Preview: EBITDA up 8%, little impact from war so far

Intermoney | Q1 2026 results on Wednesday 29 April – EBITDA is expected to have risen by 8% to around €700 million. Aena (AENA) (Hold, Target Price €24) will announce its Q1 26 results next Wednesday 29 April before the market opens, with a conference call expected to take place on the same day, likely at 13:00. Following the traffic figures for Spain as of March (up 3%), which continue…

Companies 20th April 2026

Indra signs strategic agreement with Leonardo for new amphibious combat vehicle for Royal Marines

Renta 4 | Indra (IDR) Land Vehicles and IDV, a division of the Italian company Leonardo, have signed a strategic agreement to develop the new amphibious combat vehicle for the Royal Marines. The agreement is designed to fulfil the Special Modernisation Programmes assigned to Indra. Indra will deliver four variants of the vehicle: troop transport, command and control, recovery and ambulance. Assessment: We view favourably the agreement between two of…

Companies, Spanish economy 20th April 2026

Repsol to claim €125 million from Iberdrola, Endesa and Naturgy over power cut that affected its five refineries in Spain

Link Securities | Repsol (REP) will claim €125 million from the electricity companies Iberdrola (IBE), Endesa (ELE) and Naturgy (NTGY) over the power cut on 28 April 2025, which affected its five refineries in Spain, as the deadline for claiming damages expires this month, according to the newspaper Expansión. This was confirmed to the newspaper by sources familiar with these legal proceedings.

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