Companies

Mapfre

Fears of AI tool’s impact on insurance sector cause Mapfre to suffer on stock market

Intermoney | The worst-performing stock on the Ibex35 at the end of yesterday’s session was Mapfre (down 3.02%), dragged down by the rest of the European and US sector following yesterday’s launch of an AI tool by an online insurance purchasing platform, which has created some fear in the current context of sensitivity to possible disruptions from Artificial Intelligence. The online insurance platform Insurify announced the launch of an AI-powered…


Acciona

Acciona and ACS awarded €3.4 billion contract to upgrade Brisbane-Gold Coast railway line, key project for 2032 Olympic Games

Norbolsa | Both companies have been awarded, as part of the ActivUs consortium, a mega railway contract in Australia valued at €3.4 billion to improve the line between Brisbane and the Gold Coast region, a key project for the 2032 Olympic Games, an event that is expected to significantly increase demand for travel between the Queensland capital and one of the country’s main tourist destinations. Work will begin in late…


ercros

CNMV authorises Boldalti Ibérica’s takeover bid for Ercros at €3.505 per share

Alphavalue/Divacons | On 10 February 2026, the National Securities Market Commission (CNMV) Board agreed to authorise the voluntary takeover bid for Ercros (ECR) shares submitted by Bondalti Iberica, S.L.U. on 5 March 2024 and admitted for processing on 20 March 2024, on the understanding that its terms comply with current regulations and considering the content of the explanatory prospectus presented after the latest amendments registered on 5 February 2026 to…


telefonica nuevo logo

Telefónica sells Chilean subsidiary for €1.03 billion

Four days after finalizing its definitive exit from Colombia for nearly 200 million euros, Telefónica has sold 100% of Telefónica Chile’s share capital to the investment firm NJJ—the investment vehicle of entrepreneur Xavier Niel—and the telecommunications operator Millicom. The transaction is valued at $1.215 billion (€1.03 billion), with an additional payment of $150 million (€126 million at the current exchange rate) contingent upon specific events within the Chilean telecommunications sector….


telefonica movistar

213 employees voluntarily accept Movistar+ redundancy plan

Alphavalue/Divacons | A total of 213 employees have voluntarily accepted the redundancy plan at Movistar Plus +, and all applicants will leave the company, according to union sources. The deadline closed on Friday and the figure was within the expected range (between 175 and 242 departures). In the other companies affected by the redundancy plan, the minimum agreed departures have not yet been covered by volunteers and follow-up meetings between…


Santander logo

Banco Santander finalises new strategic plan, to be presented at end of month and remain in force until 2028

Link Securities | Banco Santander (SAN) is finalising its new strategic plan, according to Cinco Días on Tuesday. The roadmap, which will be presented at the end of the month and will remain in force until 2028, will provide a complete picture of where the bank is headed in the future and will include a substantial improvement in efficiency and a significant reduction in costs, according to knowledgeable market sources….


tubos reunidos planta

Tubos Reunidos’ viability plan to focus on key markets, progressive redundancy plan, and debt reduction

Link Securities | The company expects to close the 2025 financial year with a negative attributable net result of €71.3 million, pending the incorporation of the impairment of assets affected by the decline in activity inthe US. According to preliminary and unaudited figures reported to the CNMV on Monday, consolidated EBITDA was also negative, at €22.8 million, weighed down by the decline in activity, price pressure and the impact of…


Caixabank

Caixabank, one of Europe’s most successful cases of structural growth and profitability

Jefferies | Despite the continued strength of our top Iberian pick, Caixabank (CABK) (shares up 28% in the last six months), our thesis remains largely unchanged: Caixabank is one of Europe’s most successful cases of structural growth and profitability, benefitting from the opportunity to invest capital in areas of high RoTE growth. We continue to see value in the shares today, with a P/E ratio of less than 10 in…


ACS nuevo

ACS’s net profit could grow to reach target range of €820-855 million

Renta 4 | ACS (ACS) is expected to publish its 2025 results on 25 February, with the time of the conference call still to be confirmed. We reiterate our Hold rating and target price of €74.60 per share. Although we expect sales to continue to be supported by growth in segments such as data centres and different types of infrastructure, we anticipate a slight slowdown compared to 9M25 (24% versus…


Indra novedad

Indra to maintain and operate high-speed rail control systems for Mecca-Medina line for €130 million

Bankinter | Indra (IDR) will maintain and operate the high-speed rail control systems for the Mecca-Medina line in Saudi Arabia for the next five years for €130 million. With this contract, Indra will continue to provide support for rail traffic management, signalling, telecommunications, ticket sales and reservations, access control, security, etc. Bankinter analysis team’s view: Positive impact. However, the amount is not high. Assuming that the contract is distributed evenly…