CdM | The company has won two new contracts in Sweden to supply a total of 170 electric buses, with a combined volume of both operations exceeding €100 million, as reported by the CAF group. On the one hand, the Swedish operator Nobina Sverige AB has selected Solaris to supply 89 electric buses to be used in Stockholm, a new order that joins other recent orders from this same operator…
Deutsche Bank | Airbus (ABS) has released its orders and deliveries for March 2025. The company delivered 71 aircraft and recorded 211 gross orders, delivering a total of 136 aircraft in the first quarter of 2025. March 2025 deliveries are the highest in any March since 2022, supporting the view that Airbus’ industrial performance is improving. This could bode well for the rest of the year, if tariffs do not…
Alphavalue / Divacons | The Spanish construction, services and concessions company doubled its UK construction portfolio in 2024 to €1.656 billion, driven by two major contracts, especially the track installation on the London-Birmingham high-speed line. The group is thus reversing the decline of 2023 in a context of reactivation of public projects. The 225 kilometres of the new high-speed line between London and Birmingham has a total budget of €2.16…
Bankinter | February’s Trade Balance and Industrial Production, not yet affected by the new tariff environment. (i) Industrial Production -down 4.0% in February against the 3.6% drop estimated and 1.6% previous. (ii) Trade balance €17.7 billion against €18.5 billion estimated and €16.2 billion previous (revised from €16 billion). Exports up 1.8% month-on-month versus 1.5% estimated and 0.0% previous (revised from 2.5% down). Imports up 0.7% month-on-month against the 0.4% drop…
CdM | Eurozone retail sales grew less than expected in February. Compared to last month, seasonally adjusted retail trade volume increased by 0.3% (against the expected 0.5%) in the eurozone and by 0.2% in the European Union (EU), according to initial estimates from Eurostat, the EU’s statistical office. In January 2025, the volume of retail trade remained stable in the eurozone and grew by 0.1% in the EU. In year-on-year…
Renta 4 | The relevant authorities have agreed to give the green light to the expansion of capacity at the British airport Luton, in which Aena has a 51% stake and which in 2024 accounted for just over 5% of the group’s EBITDA with 16.7 million passengers. Current capacity is set at 18 million passengers, but it has already been agreed to expand it to 19 million. This new expansion…
CoM | Industrial producer prices rose by 0.2% in the eurozone and by 0.3% in the European Union (EU) in February compared with January 2025, according to first estimates from Eurostat, the statistical office of the European Union, and were above the consensus forecast of 0.1%. In January 2025, prices had risen by 0.7% in the eurozone and 0.8% in the EU, according to Eurostat’s latest revision. In year-on-year terms,…
Morgan Stanley | According to the latest data from Cirium (an aviation data provider), Airbus delivered 64 aircraft in March (up 60% month-on-month and 2% year-on-year), accumulating a total of 129 in Q1 2025, which is below full-year guidance but better than expected, both by Ross Law (analyst) and the consensus (127). In fact, Law believes that the number of deliveries may be higher if we take into account the…
Bankinter | Inflation (preliminary data) in Germany eases one-tenth in March to 2.2% (versus expected 2.2% versus previous 2.3%). Today the EMU CPI was published, standing at +2.2% versus the previous +2.3%. For now, inflation is improving in Germany, Spain (+2.3% versus +3.0% previously) and Portugal (+1.9% versus 2.4% previously), remains stable in France (+0.8%) and is picking up in Italy (+2.0% versus +1.6% previously). Indeed, in Portugal, the preliminary…
Link Securities | The company has set itself the goal of strengthening its position as a strategic company at the European level, for which it will analyse any consolidation options for its business that arise in Spain, Germany and the United Kingdom, as revealed yesterday by the operator’s new CEO, Emilio Gayo, reports Bolsamania.com. ‘In Spain, Germany or the UK, Telefónica, which wants to play a strategic role at the…