Banc Sabadell | 2019 guidance for Inmobiliaria Colonial: They expect rents of 350 million euros and profit per share of 0.26 euros/share (in both cases in line with BS estimates).
Banc Sabadell | Spanish infrastructure construction group Acciona may have decided not to continue in the bid to compete with Renfe in the liberalisation of high speed trains in Spain.
Alphavalue | Deustche Bank has sold its holding of 4.8% which it maintained as shareholder of reference in Amadeus. The operation has been produced for a total of approximately 139.9 million euros, at 67.02 euros per share, taking into account the current price of the company´s shares.
Caixabank Research | After a September full of announcements, the next ECB meeting (24 October) will be transitional, in one sense at least: 31 October will see the end of Mario Draghi´s mandate, the most charismatic president in the institution´s history.
José Luis M. Campuzano (AEB) | The ECB itself admits that the exceptional monetary expansion measures have favoured a greater financial integration in the zone, although only in prices. On the contrary, a greater real integration of European financial markets remains pending.
Yves Bonzon (Julius Baer) | It is my long-held view that political noise is an exogenous factor that is hard to time. As long as we can remain sufficiently confident that the external shock is not triggering a systemic crisis or a recession, we must stay focused on the fundamentals and resist the temptations of exploiting the irrationality of a whipsawing market. And I still see a wealth of factors favouring a long-term uptrend of equities in a low-growth and low-inflation world.
Directors of the main financial entities in Spain took part in a financial encounter earlier this week. They spoke about mergers and acquisitions, how to generate shareholder value and banking profitability in a scenario of economic slowdown and negative interest rates.
Ferrovial is preparing, together with the French company SNCF, an offer for one of the high speed rail operator licences in Spain. In this way Ferrovial will compete with Renfe from December 2020.
Banc March | The results of the current quarter should remain weak in a scenario of lower growth than we expected, but the main risk is centred on 2020. The consensus estimates are too high and will be revised downwards.
Link Securities | Repsol has won a total of four concessions in Brazil’s marine oil and gas exploration blocks in the auction held by the National Petroleum Agency (ANP) of the country.