Markets

iberdrolacocheelectrico

Iberdrola to install electric vehicle charging points at Alimerka supermarkets in Asturias, Castile and León, and Galicia

Link Securities | Alimerka and the electricity company have reached an agreement to install charging points of different power ratings for electric vehicles in the three autonomous communities where the Asturian distribution group currently has supermarkets (Asturias, Castile and León, and Galicia), according to the newspaper Expansión. According to the joint statement issued by both companies, the agreement provides for the installation of 238 ultra-fast chargers, located in the car…


Telefonica Murtra 1

Telefónica: doubts about possible capital increase punish stock by 4.81%

CdM | Doubts about a possible capital increase by Telefónica punished the stock by 4.81%, recording the worst performance in the index. According to vozpopuli.com, TELEFÓNICA (TEF) is considering the possibility of carrying out a capital increase, which would be approved in the coming weeks. The operation, according to this media outlet, would have the support of the main shareholders: the State, through SEPI; the Saudi operator STC and CriteriaCaixa….


Caixabank kio 2

Caixabank executes 53.47% of share buyback in programme’s ninth week

Alphavalue/DIVACONS | The Catalan bank executed 53.47% of its share buyback in the ninth week of the programme, whose maximum amount has been set at €500 million, according to information provided by the entity to the National Securities Market Commission (CNMV) on Friday. Specifically, in this new week of the programme, it acquired 2,237,802 shares at a weighted average price of £8.6738 and a total amount of £19.4 million. Meanwhile,…


gestamp edificio

Gestamp has little potential from current levels: Sell, P/E €3.3/share

Bankinter | Gestamp (GEST) surprises in Q2 with improved margins despite sales figures. For 2025 as a whole, it reiterates its guidance. However, we believe it will be difficult to meet its revenue growth target. At constant exchange rates, sales grew less than the average production in the countries where the company operates (-0.9% versus +3.7% for the market) at the end of the first half. In fact, following these…


iberdrola avangrid eeuu 2

Iberdrola subsidiary Avangrid generates 13,000 gigawatt hours of energy in US in 1H25

Alphavalue/DIVACONS | The Spanish utility company, through its subsidiary Avangrid, generated around 13,000 gigawatt hours (GWh) of energy in the United States in 1H25, which is equivalent to enough electricity to supply around 2.4 million homes in the country. Specifically, the group chaired by Ignacio Sánchez Galán has a total of 80 electrical facilities in operation from coast to coast, with a combined generation capacity of more than 10.5 gigawatts…



Aena nuevita

Aena exceeds 32 million passengers; year-to-date traffic rises 4.1%

Intermoney | Aena (AENA) (Hold, Target Price €24) announced its passenger traffic figures for July 2025 on Tuesday after the market closed. The figures for Spain showed an increase of 2.7% last month, exceeding 32 million passengers, of which nearly 12 million were distributed between Barajas and El Prat, which increased their figures by slightly less than 1% and almost 3%, respectively. Among the other major airports, Malaga (8%) and…


naturgy

Naturgy announces accelerated placement and bilateral sale of 5.5% of capital to increase free float

Renta 4 | Naturgy (NTGY) has carried out an accelerated placement of approximately 2% of its capital, 19.3 million shares held in treasury, for approximately €500 million. This represents a price per share of €25.9 and a discount of 7.1%. In addition, it has agreed to sell up to 34.1 million shares, also held in treasury, representing approximately 3.5% of the capital, to an international financial institution. Naturgy has entered…


BCE noche

ECB test shows Banco Sabadell and Unicaja as institutions with greatest capital deterioration

Renta 4 | On Friday, the ECB released the results of the stress test. This exercise, we recall, does not establish a pass/fail threshold, but is designed to provide additional information for the supervisory review and evaluation process. The adverse stress scenario has been designed by the EBA/JERS for a three-year time horizon (2025-2027) and assumes a hypothetical worsening of geopolitical tensions, with very negative and persistent trade and confidence…


melia 4

Meliã earns €69 million (up 90%) in 2Q2025 thanks to €23.9 million in capital gains

Intermoney | The hotel chain has once again posted very solid results, more or less in line with our estimates at the high end, but slightly better in terms of margins and at the low end. All the markets in which it operates continue to show great strength, with the exception of Cuba and Germany, with a 6% increase in RevPar for the quarter (4.7% from price and 1.3% from…