Ibex

InmoColonial

Colonial AGM: rising financing costs will impact EPS, but guidance remains unchanged

Intermoney Analysis Colonial SFL held its CMD in Madrid on Thursday, which did not yield any major news. The REIT confirmed its strategic focus based on the following pillars: 1) operational leverage of office assets in the CBD, a product that will remain the priority, without ruling out entering the German market; 2) strengthening Plan X, focused on the transformation of assets, whether through development from scratch or a change…


Acciona hidraulica

Acciona completes divestment of long-standing hydroelectric business with sale of its 18 small hydroelectric power stations

Reported by the Editorial Team Acciona Energía has agreed to sell its remaining hydroelectric assets, a 64 MW portfolio comprising 18 small hydroelectric plants in Navarre and La Rioja, to White Summit Capital for €66 million, debt-free. The transaction, which is expected to close in the coming weeks, is forecast to generate capital gains of approximately €55 million. Hydroelectric generation has been part of Acciona’s business since it entered the…


IMG 20260605 124154

Técnicas Reunidas could join Ibex 35, replacing Acciona Energía

Report by Bankinter Next Thursday, 11 June, the Technical Advisory Committee (CAT) will hold a meeting to review the composition of the Ibex 35. On this occasion, there could well be changes. Técnicas Reunidas could join the index, replacing Acciona Energía. What do we think will happen at the CAT meeting? On this occasion, there could be changes. Técnicas Reunidas is the best-placed candidate to join the index. Its trading…


Spanish stocks

Ibex 35 closes up 0.6%

Reported by Jaime Sicilia Martínez The main European indices rose following the conditional ceasefire agreement between Israel and Lebanon, which the market sees as a first step towards peace between the United States and Iran. The IBEX 35 closed up 0.6% and the Euro Stoxx 50 rose by 0.8%. Broadcom, the world’s sixth-largest company by market capitalisation, issued worse-than-expected forecasts for its AI chip revenue, and Crowdstrike Holdings also fel…


IMG 20260604 103009

Ibex 35 down 0.5%, Inditex—up 1.5%—and its quarterly results provide main support

Reported by Álvaro Romero Mateu European stock markets closed with moderate declines, influenced by the rise in oil prices and caution over the lack of progress in negotiations between the US and Iran. The IBEX 35 fell by 0.5%, the EuroStoxx 50 dropped by 0.9% and the STOXX 600 fell by 0.6%. In Asia, the session was mixed. In Japan, the TOPIX rose by 1.8% and China’s CSI 300 advanced…


aena barajas3CM

Competition authority calls on government to ensure Aena reduces airport charges until 2031

Report by Renta 4 The Spanish Competition and Markets Authority (CNMC) has published its proposal for the upcoming regulatory period 2027–2031, DORA III. This proposal forecasts an average growth in air traffic of 2.2% (compared to 1.3% forecast by Aena and 3.6% forecast by the airlines), which would result in traffic of 366.7 million passengers by 2031, in line with our forecast. Furthermore, the regulator proposes a lower growth in…


Inditex new

Inditex posts profit of €1.375 billion in first quarter (up 5.4%) and proposes dividend of €1.75

EBITDA grew by 7.3% to €2.568 billion, whilst EBIT increased by 7% to €1.756 billion and pre-tax profit also rose, specifically by 5.5%. Reported by Consejeros Editorial Team Inditex presented its first-quarter results on Wednesday, closing the period with a net profit of €1.375 billion, representing a 5.4% increase compared to the same period last year. The company has also announced that it will propose to the Annual General Meeting…


telefonica edificio

Telefónica acquires LineoX from Asterion Industrial Partners fund for €90 million

Report by Renta 4 Telefónica (TEF) has reached an agreement to acquire LineoX from the Asterion Industrial Partners fund. LineoX is one of Spain’s leading rural radio link operators and provides critical infrastructure for mobile connectivity. Telefónica sold LineoX to Asterion in 2020 through a carve-out transaction. Since then, Asterion has been developing LineoX independently, with Telefónica as its anchor client. The transaction value is estimated to be around €90…


Mapfre

Mapfre’s major risks division to lead business’s international expansion in Europe and US

The Spanish insurer has embarked on a new phase of international expansion focused on the European and US markets. The strategic plan will be led by Mapfre Global Risks,the division specialising in solutions for complex projects such as satellites or major civil infrastructure. This unit—which in 2025 contributed 5% of the group’s profit and 6% of its total premiums—plans to centralise and deploy all its underwriting and management capacity for…


iberdrola junta 2026

Iberdrola secures 98% support at AGM and re-elects Pedro Azagra as CEO

The chairman, Ignacio Sánchez Galán, has reiterated his €43 billion investment plan for the period 2026–2028, with which he expects to exceed €6.6 billion in net profit in 2026 and reach €7.6 billion in 2028. Reported by Editorial Team Iberdrola’s shareholders have approved all items put to the vote at the Annual General Meeting held this Friday, with an average approval rate of 98% and a attendance quorum of 74%,…