Companies

airtificial robot salida bolsa

Airtificial closes H1 2025 with losses of €8.6 million in financial year marked by impact of amortisation

Alphavalue / Divacons | The Spanish engineering company yesterday revealed its H1 2025 figures, which were down 4.16% at the close of trading. Airtificial closed the first half of 2025 with a turnover of €46.1 million, practically in line with the same period last year. On the other hand, the company maintains a positive EBITDA of €1 million, in a year marked by the impact of amortisation. Losses in the…


endesa cartel

Endesa signs agreement with Masorange to purchase energy marketing company Energía Colectiva

Link Securities | Endesa (ELE), Spain’s largest electricity company in terms of power distribution lines, has signed an agreement with Masorange to purchase its energy marketing company, Energía Colectiva, according to a report in Wednesday’s edition of the newspaper Expansión. The value of the transaction has been estimated at €90 million. Energía Colectiva has 350,000 electricity and gas customers. The transaction is part of a broader agreement that includes the…


Banco Sabadell09

Sabadell recommends rejecting BBVA’s improved takeover bid, but third-largest shareholder David Martínez accepts it

Bankinter | Banco Sabadell’s (SAB) main arguments are: (1) BBVA’s (BBVA) offer is less attractive than the original because, with the current share exchange (no cash payment), Sabadell shareholders would hold 15.3% of the merged entity (as opposed to 16.2% proposed in May 2024), (2) BBVA’s offer does not reflect Sabadell’s potential value on its own, which would be between €3.8/share and €4.0/share according to its estimates, and (3) the…


Repsol nueva

Leon-Castile project, involving Repsol, achieves first oil production off Louisiana coast

Renta 4 | According to the company itself, the consortium of Repsol, LLOG Exploration Offshore, and O.G. Oil & Gas has achieved its first oil production in the Leon-Castile deepwater fields off the coast of Louisiana in the United States. Specifically, production has begun at a well in the Leon field, and two other wells are expected to come on stream this year in Leon and the adjacent Castile field,…


BBVA Argentina

BBVA to pay cash dividend of €0.32 per share on 7 November, once takeover bid for Banco Sabadell settled

Link Securities | BBVA’s Board of Directors has agreed to pay an interim dividend for the 2025 financial year in the gross amount of €0.32 per share in cash, setting the payment date for this amount as 7 November 2025. The main characteristics of the agreed payment are detailed below: • Gross amount per share: €0.32• Last trading date for BBVA shares with the right to participate in the distribution:…


ezentis antenas

Ezentis acquires additional 5% stake in EDA Instalaciones y Energía S.L. for €900,000, total stake now 60%

Link Securities | Grupo Ezentis (EZE), through its subsidiary Ezentis Instalaciones y Mantenimiento, S.L.U., has acquired an additional 5% of the share capital of EDA Instalaciones y Energía, S.L. (EDA), formalising today by public deed the first forward sale contemplated in the contract signed on 21 March 2025. With this transaction, Ezentis increases its stake in EDA to 60%, strengthening its position in the comprehensive installation and maintenance business, one…


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Rovi acquires pharmaceutical manufacturing plant in Arizona from Bristol Myers Squibb

Bankinter | The company is acquiring a drug manufacturing plant in the United States. The seller of the plant is Bristol Myers Squibb, and it is located in Phoenix, Arizona. Rovi has signed a manufacturing agreement with Bristol Myers Squibb for an initial term of five years and a minimum payment of $50 million for each year of the contract. The purchase price has not been disclosed, but according to…


lefties

Inditex considering leveraging supply chain and logistics to open Lefties stores in London and compete directly with Primark

Alphavalue/ Divacons | The Spanish fashion company plans to bring Lefties to London to compete directly with Primark. Although Zara continues to pursue a more premium positioning, the group is diversifying with low-cost brands, and Lefties fits into this segment, which has benefited from tight consumption. After growing in Spain, Portugal and Mexico, it is now expanding into France and the United Kingdom. Its great advantage over Shein, Temu and…


Grenergy

Grenergy’s capex in battery storage projects to stabilise due to lower battery costs – down almost 50% in last two years

Singular Bank | Last week, Grenergy presented its Q2 2025 results with an EBITDA of €24 million, up 218% on the previous year, in line with consensus. Net profit was €3 million, compared to losses of €6 million a year earlier, although this was 12% below consensus. Net debt reached €815 million, up 12% quarter-on-quarter, following investments of €165 million, which increased by 124% year-on-year. The company maintains a solar…