Companies

telefonica edificio

Telefónica posts €411 million loss due to divestments in Latin America but increases revenue, improves EBITDA and reduces debt

The company has reported a loss of €411 million against a backdrop marked by recent divestments in Latin America, which have resulted in a €798 million reduction in profit. Despite this, revenue and EBITDA remain on an upward trend and debt is falling, with a net debt/EBITDA ratio of 2.72x (versus 2.8x in 2025). Reported by Consejeros Editorial Team Telefónica (TEF) recorded a net loss of €411 million in the…


TSK Bolsa

TSK makes stock market debut with 4.55% gain

Reported by Consejeros Editorial Team TSK made its debut on the Spanish stock market this Wednesday, setting an opening price of €5.28, which represents a 4.55% increase over the €5.05 at which it was initially listed. The company, the star of the first stock market debut of 2026, carried out a €150 million capital increase among institutional investors, for which it received four times more demand than the shares offered….


ACS novisimo

ACS’s ordinary EBITDA rises 25% to €239 million, reaching the upper limit of the 2026 target

The ACS Group closed the first quarter of 2026 with attributable net profit of €232 million, up 21.5% from the same period last year, driven by the solid performance of its core businesses and, in particular, by growth in its data center and next-generation infrastructure operations. Report by Bankinter ACS’s (ACS) Q1 2026 results fell slightly short of estimates. Key Q1 figures compared to consensus: Revenue €12.344 billion (up 4.7%)…


Grifols

Grifols, unscathed by CSL’s problems, maintains distinct competitive edge

The Australian pharmaceutical company issued a profit warning on Monday for the 2026 financial year, but, judging by the robust demand for Grifols’ immunoglobulins, the issues stem from internal operational challenges rather than a general market downturn. Analysis by Renta 4 Australian firm CSL cut its guidance for the 2026 financial year on Monday, announced ~$5 billion in impairments (due to Vifor, a business it does not share with Grifols…


ACS Hochtief Alemania

ACS main subsidiary Hochtief increases Q1 2026 EBITDA by 18% to €581 million

Reported by Intermoney Hochtief, the main subsidiary of ACS (ACS), reported its Q1 results on Monday whilst the market was open, on the eve of ACS doing the same on Tuesday, holding a conference call on Tuesday at 12 noon. In addition to reiterating its guidance for operating profit of €950–1,025 million in 2026, Hochtief increased its revenue and EBITDA as at March by 5% and 18% to €9,400 million…


TSK asturies

TSK set to go public at €5.05 per share this Wednesday

The set price, the highest in the range announced by the company last week, values the Asturian engineering group at €583 million (€605 million if the over-allotment option of up to €22.5 million is exercised). Report by Link Securities TSK has notified the National Securities Market Commission (CNMV) that it has completed the book-building process for the initial public offering of the Company’s ordinary shares in accordance with the tentative…


Almirall edificio id

Contribution from Almirall’s equity swap turned from positive in Q1 2025 to negative in Q1 2026, accounting for 29.2% fall in net profit to €15.3 million

Q1 2026 results are broadly in line with our forecast and the consensus for net sales and EBITDA, whilst falling short on net profit. Net sales show growth of 2.2% (compared to 3.7% in our fourth-quarter estimate and 3.1% in the consensus), influenced by a one-off item last year and confirming a start to the year that has gone from strength to strength. By key products, Ilumetri recorded €61.6 million…


ACS nuevo

ACS considering increasing market capitalisation through share split following 100% rise in share price in 2025

Reported by Consejeros Editorial Team ACS Chairman Florentino Pérez highlighted the company’s remarkable stock market appreciation during the 2026 annual general meeting held last Friday. The Spanish construction firm’s share price rose by 100% last year and has risen by a further 62% this year, reaching nearly 140 per share. According to Pérez, this success is down to rigorous risk management and efficient resource allocation. Consequently, he announced an annual…


CAF Bombardier

CAF reports 11% increase in Q1 2026, to €40 million, with order book reaching new high of €17.96 billion

CAF has announced a net profit of €40 million for the first quarter of 2026, representing an 11% increase compared with the same period in 2025. Construcciones y Auxiliar de Ferrocarriles (CAF) announced its Q1 2026 results on Thursday. The key figures compared with the Bloomberg consensus were: Revenue €1,158m (up 3.6% year-on-year) versus the expected €1,146m; EBIT €63m (up 10.5% year-on-year) versus the expected €62.6m, representing a margin of…


acerinox 2

Acerinox approves dividend payment of €0.31 per share on 17 July

The company informed the National Securities Market Commission (CNMV) that its Annual General Meeting of Shareholders has approved the payment of €0.62 gross per share charged to profit. The amount allocated to the distribution of dividends is the aggregate result of the sum of the following amounts: • the interim dividend payment for the 2025 financial year amounting to €0.31 gross per share agreed by the Board of Directors at…