Companies

bbva sabadell

Following confusion surrounding BBVA-Sabadell case, CNMV president opens door to review of Takeover Bids Law

Alphavalue/Divacons | The president of the Spanish National Securities Market Commission (CNMV), Carlos San Basilio, has opened the door to supporting a review of the Royal Decree on the takeover bid regime, popularly known as the Takeover Bid Law, following the confusion and difficulties highlighted by the BBVA (BBVA) and Banco Sabadell (SAB) case. San Basilio pointed out that, although the Royal Decree has been useful, ‘perhaps, like any text,…


enagas logo

Enagás Revenue Increases 6.9%

Enagás presented its results for the first nine months of the fiscal year (9M2025) yesterday. The total demand for natural gas and exports in 9M2025 stood at 267.6 TWh, 6.6% higher than the figure recorded in the same period of 2024. In this context, the company raised its revenue figure by 6.9% year-on-year, reaching €711.2 million (up 2.6% compared to the FactSet consensus). Of this amount, €693.0 million (up 6.8%…


airtificial robot salida bolsa

Airtificial signs three contracts with two global Tier-1 automotive companies worth €4 million

Link Securities | Airtificial (AI) has informed the National Securities Market Commission (CNMV) that it has signed three contracts with two global Tier-1 automotive suppliers, valued at around €4 million, for the design, manufacture, commissioning and turnkey delivery of an electric steering assembly line (RCB EPS); and two electric vehicle electronic control unit (ECU) inspection lines at its Mexican plant in Querétaro. These new contracts reinforce the positioning of the…


Solaria

Solaria 9M25 preview: revenue and EBITDA growth around 30% and 40%, respectively

Intermoney | Solaria (Buy, PO €13) will announce its 9M25 results on 17 November, holding its AGM in London on the same day. The main figures from our estimates are shown in the table below and should reflect: 1) a year-on-year decline in production of 6%, as Solaria has the same installed capacity and following a mediocre first half in terms of weather; and 2) the impact of the Genería…


Repsol

Repsol to supply renewable fuels to Norwegian Cruise Line Holdings ships for eight years

Link Securities | The company has signed an eight-year agreement with Norwegian Cruise Line Holdings to supply renewable marine fuels in the Port of Barcelona, according to a report yesterday by the digital portal Bolsamania.com. After the start of the 2026 European cruise season, Repsol will supply biofuels and, from 2029, renewable methanol directly to the ships of the group’s various cruise brands (Norwegian Cruise Line, Oceania Cruises, and Regent…


telefonica edificio

Telefónica possibly interested in expanding collaboration with Germany’s fourth-largest operator, 1&1, which has 8.9% market share

Renta 4 | According to the German newspaper Handelsblatt, Telefónica is considering strengthening its cooperation with 1&1 in Germany. In mobile telephony, 1&1 is the fourth largest operator with a market share of 8.9%, behind Deutsche Telekom (32%), Telefónica (27.2%) and Vodafone (22.5%). In broadband, 1&1 is the third largest company in terms of market share (10.7%), behind Deutsche Telekom (40.6%) and Vodafone (27%). Telefónica is in fourth place with…


Neinor nuevo

Neinor Homes AGM approves takeover bid for Aedas and reiterates 2025 guidance

Renta 4 | On Monday, Neinor Homes held its extraordinary AGM to obtain approval for the takeover bid for AEDAS Homes. The company also took advantage of the AGM to reiterate its 2025 guidance and provide operational visibility, highlighting: 1) having received the Final Works Certificate (FWC) for 100% of the developments scheduled for delivery in 2025; 2) a 2025 pre-sale coverage ratio of close to 97% and 75% for…


Cellnex

Cellnex sells all shares in Towerlink France for €391 million

Link Securities | Cellnex (CLNX), through its wholly owned subsidiary, Cellnex France, S.A.S., has entered into a put option agreement with Vauban Infra Fibre, under which Cellnex France, S.A.S. may, following the usual information and consultation process with the works council of Cellnex France, S.A.S. in France, sell and transfer all of its shares in Towerlink France, S.A.S., representing 99.99% of its share capital. Towerlink France, S.A.S. is the entity…


Aena nuevo

Aena 9M25 preview: aeronautical revenue could increase around 5%, commercial 8.5%

Renta 4 | Aena (AENA) will publish its 9M25 results on Wednesday, 29 October 2025, at the market opening, with a conference at 1:00 p.m. P.O. €21.03, recommendation to underweight. Driven by air traffic, which in 9M in Spain has exceeded annual forecasts (up 3.9% against 3.4% Aena and Renta 4 guidance, and 3.9% consensus, our forecast is that Aena will update this guidance to around 4%), we expect aeronautical…


unicaja logo fachada

Unicaja launches interest-bearing online account aimed at new self-employed customers

CdM | Unicaja (UNI) has launched an interest-bearing online account aimed at new self-employed customers, offering a return of up to 3% APR during the first 12 months. It also includes a 1% refund on the sum of the main direct debits and exemption from maintenance and administration fees. ‘The bank’s objective is to reinforce its commitment to attracting new self-employed customers throughout the country, focusing on a model of…