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4Q'25 vs. 4Q'24 Results Sales: € 448.0 M (+2.1% vs. +1.7% BS(e) and +1.1% consensus); EBIT: € 91.0 M (-4.2% vs. -4.3% BS(e)); Net Profit: € 67.0 M (-5.6% vs. -9.3% BS(e)); FY2025 vs. FY2024 Results Sales: € 1.81 Bn (+3.0% vs. +2.9% BS(e) and +2.7% consensus); EBIT: € 378.0 M (-1.8% vs. -1.8% BS(e)); Net Profit: € 281.0 M (-8.8% vs. -9.6% BS(e));
Rdos. 4T'25 vs 4T'24: Ventas: 448,0 M euros (+2,1% vs +1,7% BS(e) y +1,1% consenso); EBIT: 91,0 M euros (-4,2% vs -4,3% BS(e); BDI: 67,0 M euros (-5,6% vs -9,3% BS(e)). Rdos. 2025 vs 2024: Ventas: 1.809 M euros (+3,0% vs +2,9% BS(e) y +2,7% consenso); EBIT: 378 M euros (-1,8% vs -1,8% BS(e)); BDI: 281 M euros (-8,8% vs -9,6% BS(e)).
NEWS SUMMARY: AENA, ARCELORMITTAL, FCC, LOGISTA, ROVI. At the end of today’s report, and during the entire results season, we will include a presentation with positive and negative results highlights and previews for the 3Q’25 results to be released over the coming days in Spain. Stock markets recover It was another session that ended better than it began for European markets that, after the opening bell in the US and the solid macro data releases, shifted towards green numbers. In the STOXX 600, all sectors except Real Estate, Telecoms and Pharma ended with gains, led by Autos and Energy. O...
European Portfolio No changes this week. European High Yield Portfolio Air Liquide, Airbus, ASML, AXA & L’Oréal No changes this week. Spanish Recommended Portfolio No changes this week. 5-Stock Recommended Portfolio Cellnex, Ferrovial, IAG, Indra & Merlin No changes this week. 5 High-Yield Stock Portfolio Acerinox, Colonial, Iberdrola, Redeia and Santander No changes this week. Mid&Small Recommended Portfolio Acerinox, Amper, CAF, CIE Automotive, Fluidra, Global Dominion, Indra, Meliá, Sacyr & Viscofan No changes this week.
Cartera Modelo Europa Sin cambios esta semana. Cartera High Yield Europa Air Liquide, Airbus, ASML, AXA y L’Oréal Sin cambios esta semana. Cartera Modelo España Sin cambios esta semana. Cartera 5 Valores España Cellnex, Ferrovial, IAG, Indra y Merlin Sin cambios esta semana. Cartera 5 valores High Yield España Acerinox, Colonial, Iberdrola, Redeia y Santander Sin cambios esta semana. Cartera Pequeñas y Medianas España Acerinox, Amper, CAF, CIE Automotive, Fluidra, Global Dominion, Indra, Meliá, Sacyr y Viscofan Sin cambios esta semana.
NEWS SUMMARY: AEDAS HOMES, AENA, AMADEUS, CIE AUTOMOTIVE, EBRO FOODS, NATURGY, NEINOR HOMES, TELEFÓNICA. Awaiting new drivers Most European indices, with the exception of peripheral markets, ended with slight corrections in a session without macroeconomic data. In the STOXX 600, almost all sectors (16/20) ended with gains, led by Basic Resources and Telecommunications vs. the bigger drops of Technology and Construction. On the macro side, in the euro zone, November’s final inflation was cut one tenth to 2.1% YoY, with the core data unchanged at 2.2%. In Germany, December’s IFO fell as opposed...
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