Companies

Repsol

Repsol benefits from rising oil prices: break-even point around $60–$65 per barrel; prices above $80 boost cash flow generation

Bankinter | We view the update to the strategic plan positively. It involves a focus on strengthening the balance sheet, optimising investments and enhancing positioning in the Upstream, Industrial and Customer segments. Furthermore, it reinforces shareholder remuneration, which was already attractive. In our view, Repsol will also benefit from a positive environment for oil and gas, against a backdrop of heightened geopolitical tension and war in Iran, which works in…


sacyr edificio logo nuevo

Sacyr to rebuild San Borja Arriarán Hospital in Santiago, Chile, affected by fire in 2021, for €95.2 million

Link Securities | The Central Metropolitan Health Service of the Chilean Ministry of Health has awarded Sacyr the contract to rebuild the facilities of the Diagnosis and Treatment Centre (CDT) and the San Borja Arriarán Hospital in Santiago, Chile, for €95.2 million. This was announced by the company in a statement, which highlights that the scope of the contract includes the reconstruction of the hospital affected by a fire in…


Repsolito 1

Venezuela signs agreement with Repsol and Italy’s Eni to ‘guarantee gas supply’

Alphavalue / Divacons | The Venezuelan government, through PDVSA, and Spanish oil company Repsol and Italian oil company Eni have signed a gas supply agreement. According to Delcy Rodríguez, the agreement ‘guarantees gas supplies’ in Venezuela for national development and domestic consumption. The government also expressed its willingness to promote new partnerships in oil and gas to increase production. Rodríguez thanked both companies for remaining in Venezuela during the ‘hardest…


oryzon

Oryzon strengthens global patent protection in Mexico for iadademstat

CdM | Oryzon Genomics has announced that the Mexican Patent Office has issued a decision to grant patent application MX/a/2021/011610, entitled ‘Combinations of iadademstat for cancer therapy’. The approved claims protect the use of iadademstat in combination with PD1 or PD-L1 inhibitors for the treatment of cancer, including small cell lung cancer (SCLC). Once formally granted, the patent is expected to provide protection until at least 2040, not including possible…


telefonica gran via

Telefónica completes Altim acquisition for around €30 million

Link Securities | Telefónica (TEF) has completed the acquisition of Altim, a consulting firm specialising in the customisation of SAP business software for clients, for a total valuation of around €30 million, according to Expansión. The acquired company, which is headquartered in Las Rozas (Madrid), is primarily engaged in the implementation of customised solutions for the business market based on the business management system of the German company SAP. The…


indra edificio 2

Indra signs agreement to integrate engineering consultancy Tresca into its global supply chain

Alphavalue/Divacons | The Spanish IT services and consulting company has signed a letter of intent with León-based engineering consultancy Tresca to integrate it into its global supply chain. This strategic alliance will allow the Spanish technology company to rely on Tresca’s product and development capabilities in both the domestic and international markets, according to a statement issued by the company on Wednesday. Indra: Reduce, Target Price €57/share.


redeia fachada

S&P downgrades Redeia’s long-term credit rating to ‘BBB+’ from ‘A-’, maintaining ‘stable’ outlook

Link Securities | In relation to the information published yesterday by the credit rating agency Standard & Poor’s, Redeia (RED) reports that the agency has decided to downgrade Redeia’s long-term credit rating to ‘BBB+’ from ‘A-’, maintaining a “stable” outlook. With this decision, the agency resolves its ‘CreditWatch negative’ of 26 June 2025. Following this announcement, Redeia and Red Electrica de España, Sociedad Anónima Unipersonal change their long-term rating to…


prosegur nueva

Prosegur, in joint venture with ESC Servicios Generales, wins Adif contracts worth €26.6 million in Andalusia and Extremadura

Link Securities | Ilunion and Prosegur have been awarded the three largest contracts tendered by Adif for surveillance and security in passenger stations, freight terminals, technical and administrative buildings and railway infrastructure, worth a total of €97 million. According to the minutes consulted by Europa Press, Iliunion has won two of the six lots (Madrid, Castilla La Mancha, Catalonia and Aragon) for €70.2 million. Prosegur, with the joint venture it…


BBVA Argentina

BBVA close to agreement with Raiffeisen Bank International to sell Romanian subsidiary it controls through Garanti

Link Securities | According to the Romanian newspaper Ziarul Financiar, Raiffeisen Bank International is set to be the bank that will ultimately purchase BBVA’s Romanian subsidiary, which it controls through Garanti, Expansión reported yesterday. BBVA and Raiffeisen have declined to comment. Negotiations initially began with ING, although ultimately, the bank is more inclined to close the sale with Raiffeisen. The decision to sell will be made on Monday, according to…


Airbus nuevo

Airbus: 54 aircraft delivered so far this year, 77 orders recorded

Banc Sabadell | Airbus (AIR) announced on Monday after the market closed that it delivered 35 aircraft in February (against 40 in February 2025 and 25 in January 2025), bringing the total number of deliveries in 2026 to 54 (against 65 in 2025, 17% lower). On the other hand, a total of 28 new orders and no cancellations were recorded during the month. Thus, net orders in 2026 stand at…