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Meliã earns €36m in 2Q24, 7% more than in same quarter of 2023, compared to €40m expected by consensus

Bankinter: Results for the stock in 2Q24 have been slightly worse than expected, but maintains guidance for the year. Key figures: Sales +1% to €520M versus estimated €528M; EBITDA +1% to €142M versus estimated €144M; EBITDA +7% to €36M versus estimated €40M. Net Debt reduced to €892M in June 2024 from €1,197M in March, and its liquidity position improved to €392M versus €305M previously. The outlook for the company continues…

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Frankfurt

A Message To The German Constitutional Court: There Is A Debate On Asset Purchases At The ECB

Intermoney | Within the ECB, they are not forgetting the clash it has had with the German Constitutional Court, after the latter ruled the bank’s bond purchase programme is “partially unconstitutional.” In fact, it is one of the problems they have to solve before the institutional break in August. Meanwhile, the central bank’s internal forum is still debating the question of whether the buying programme had an impact on economic and financial policy. The members of the Governing Council have been discussing the pros and cons of its monetary policy.