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fcc edificio

Companies 20th August 2025

FCC wins €1.7-billion contract to build tunnels for extension of New York subway

Link Securities | The Spanish construction company, in consortium with the US company Halmar, has been awarded a contract worth $1.972 billion (approximately €1.7 billion) in the United States to build tunnels for an extension of the New York subway, according to elEconomista. The award has been approved by the New York Metropolitan Transportation Authority, which will give both companies four years to complete the project. In New York, FCC…

ACS novisimo

Companies 20th August 2025

ACS subsidiary Turner to build commercial office tower in Manhattan

Link Securities | ACS (ACS), through its US subsidiary Turner Construction Company, has announced that it has been selected to build a 46-storey commercial office tower at 343 Madison Avenue in downtown Manhattan, according to the financial website Bolsamanía. The project will include an underground entrance to public transport serving Grand Central Terminal, further improving connectivity in one of New York City’s busiest transport hubs,” the company explained in a…

Iberdrola guapa

Companies 19th August 2025

Berenberg raises Iberdrola’s valuation to €17.50 per share due to ‘greater regulatory clarity’

CdM | On Tuesday, Berenberg experts raised their assessment of Iberdrola (IBE) to €17.50 per share from the previous €14 per share, and reiterated their recommendation to “hold” the stock in the portfolio. According to their latest report on the energy group, ‘by December, Iberdrola will have high visibility on remuneration in key geographies for its Networks business, at a time when global energy networks require an unprecedented level of…

Prosegur

Companies, Relevant News Item 19th August 2025

Prosegur employees provided with AI assistant

Link Securities | Prosegur (PSG) reported on Monday that it has provided its employees with an artificial intelligence (AI) assistant developed in-house, which features state-of-the-art, secure technology and aims to assist purchasing managers in the ICT environment. The assistant, called LexIA, increases employees’ analytical capabilities fourfold, reduces the time needed to consult the contractual terms and conditions of any document, and enables the development of an intelligent repository where quick…

Acciona

Companies 19th August 2025

Acciona awarded three-year cleaning contract by FGC worth €11.35 million

Link Securities | Ferrocarrils de la Generalitat de Cataluña (FGC) has awarded the contract for cleaning the stations and facilities of the metropolitan lines to the Acciona (ANA) group and the services company Grupo Sifu, through its subsidiary Brócoli Facility Services, according to a report in Expansión newspaper on Tuesday. The tender, divided into two lots, has a total value of €11.35 million and a duration of three years. The…

Caixabank kio 2

Companies, Ibex 18th August 2025

Caixabank executes 53.47% of share buyback in programme’s ninth week

Alphavalue/DIVACONS | The Catalan bank executed 53.47% of its share buyback in the ninth week of the programme, whose maximum amount has been set at €500 million, according to information provided by the entity to the National Securities Market Commission (CNMV) on Friday. Specifically, in this new week of the programme, it acquired 2,237,802 shares at a weighted average price of £8.6738 and a total amount of £19.4 million. Meanwhile,…

bbva sabadell

Companies, Relevant News Item 18th August 2025

BBVA to readjust Sabadell takeover bid exchange ratio at end of month

Link Securities | BBVA (BBVA) will readjust the exchange ratio of its takeover bid for 100% of the capital of Banco Sabadell (SAB) at the end of the month to update the offer, as SAB will distribute a new cash dividend of 7 euro cents per share to its shareholders on 29 August, according to Cinco Días newspaper. The bank will thus move from offering one BBVA share plus 70…

gestamp edificio

Companies, Markets 18th August 2025

Gestamp has little potential from current levels: Sell, P/E €3.3/share

Bankinter | Gestamp (GEST) surprises in Q2 with improved margins despite sales figures. For 2025 as a whole, it reiterates its guidance. However, we believe it will be difficult to meet its revenue growth target. At constant exchange rates, sales grew less than the average production in the countries where the company operates (-0.9% versus +3.7% for the market) at the end of the first half. In fact, following these…

iberdrola avangrid eeuu 2

Companies, Ibex 14th August 2025

Iberdrola subsidiary Avangrid generates 13,000 gigawatt hours of energy in US in 1H25

Alphavalue/DIVACONS | The Spanish utility company, through its subsidiary Avangrid, generated around 13,000 gigawatt hours (GWh) of energy in the United States in 1H25, which is equivalent to enough electricity to supply around 2.4 million homes in the country. Specifically, the group chaired by Ignacio Sánchez Galán has a total of 80 electrical facilities in operation from coast to coast, with a combined generation capacity of more than 10.5 gigawatts…