Companies

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…


Acciona Energia

Acciona exploring various strategic options for Acciona Energía subsidiary, including delisting takeover bid

Acciona has engaged the services of two investment banks to analyse all strategic options, including delisting, in relation to its 91% stake in Acciona Energía, the group’s renewable energy subsidiary. Among the various options available to Acciona is the possibility of launching a takeover bid for 100% of the subsidiary’s shares to delist it, as well as the potential introduction of a major shareholder, a sale to a third party,…


melia lanzarote

Meliã reports €87.9 million EBITDA (down 6.9%) in Q1 2026 and expects to reach €565 million in 2026 financial year

Meliã Hotels presented its results for the first quarter of 2026, with consolidated revenue up 3.8% to €461 million, EBITDA of €87 million (down 6.9%) and attributable net profit of €0, a sharp decline from the €6.7 million recorded in Q1 2025. Report by Link Securities Meliã Hotels (MEL) presented its results for the first quarter of the financial year (Q1 2026) on Thursday, from which we highlight the following…


IAG new

IAG’s profit rises significantly (71%) to €301 million in Q1 2026, but higher fuel costs will weighed it down next quarter

By Bankinter The airline presented its Q1 2026 results this morning, showing solid demand but lower guidance for the year due to higher fuel costs. The figures for the quarter were as follows: Revenue €7,181m (up 1.9% year-on-year) compared to €7,159m estimated by the analyst consensus; Net profit of €301m (up 71%) compared to the estimated €101.4m; Capacity (available seat-kilometres, ASK): 79.317 million (up 0.2%); Load factor: 84.2% (compared to…


Ferrovial

Ferrovial’s revenue rises 2% in Q1 2026 to €2.1 billion, Construction growth slows to 3% compared with 12% in previous quarter

By Intermoney Ferrovial (Hold, Target Price €45) has published its Q1 results following the close of trading in New York, and will hold a conference call today at 3pm, which can be accessed via this link. The key figures, alongside our estimates, are shown in the attached table. Overall, EBITDA rose by 4% to €321m in Q1, slightly above Intermoney’s estimate (€317m), in what was a period of moderated growth…


amper. def

Amper acquires Teltronic in deal worth up to €200 million

Amper has signed a binding offer to acquire 100% of Next Gen Critical Comms, the company that owns Teltronic, for a fixed sum of €155 million and an additional variable payment of up to €45 million linked to the achievement of certain future targets. Report by Renta 4 Amper (AMP) has announced the signing of a binding offer for the acquisition of 100% of Next Gen Critical Comms, S.L.U., the…


Caixabank Tomas Muniesa

Caixabank chairman notes certain slowdown in loan applications owing to war

Link Securities | The chairman of Caixabank (CABK), Tomás Muniesa, noted on Wednesday that the uncertainty caused by the war in Iran is slowing down customers’ decisions when it comes to applying for loans, according to a report in the newspaper Expansión on Wednesday. In recent weeks, a decline in demand for corporate credit has begun to be felt. It is slight, but it is starting to be noticed, the…


HBX Group

HBX Group’s H1 2026 Preliminary Results: excluding costs related to IPO, company to return to a net profit of €58 million

Intermoney | HBX Group (Buy, Target Price €14) will announce its H1 2026 results on Wednesday 13 May before the market opens, holding a conference call on the same day at 10:30 am CET. The key figures from our forecasts are shown in the attached table. Overall, we expect revenue and EBITDA to have grown by 3% compared to 1H25, which would represent a slowdown of more than 700 basis…


amadeus logo fachada

Amadeus launches share buyback programme worth up to €13.325 million

Divacons | The provider of technology solutions for the tourism industry announced yesterday the launch of a share buyback programme for a maximum amount of €13.325 million. The operation is limited to 205,000 shares, representing 0.045% of its share capital.It will be carried out under the following terms: • Maximum Validity Period: from 6 May to 13 May 2026. • Programme Execution: A single tranche of up to 205,000 shares…


Acciona

Acciona appoints BNP Paribas to sell €400-million wind farm portfolio

Link Securities|Acciona (ANA), through Acciona Energía (ANE), has engaged the services of BNP Paribas (BNP-FR) as financial adviser for the sale of a wind farm portfolio in Spain valued at around €400 million, according to a report in the newspaper Expansión on Thursday. The transaction (the Sirocco project) comprises several wind farm projects already in operation in Spain, totalling around 361 MW of installed capacity, according to sources consulted, who…