Redeia's[de] 2024 results were negatively impacted by the end of the remuneration of its pre-1998 built assets. The sale of Hispasat resulted in an accounting loss that added to the gloomy 2024 results. This being said, the group's credit metrics remained relatively strong. The discussions and actions taken during 2024 regarding regulation brings hope to a better remuneration for Redeia from 2026 onward. Before that, the company will benefit from some regulatory refunds and subsidies. We revise ...
NEWS SUMMARY: INDRA, REDEIA, TALGO. 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 4Q’24 results to be released over the coming days in Spain. The earnings season kicked off in the Ibex It was a session of moderate gains for European stock markets, with the Ibex leading gains and trading near 12,000 points again, fuelled by banks and despite the poor start to the earnings sea...
Le scrutin présidentiel US reste incertain, mais le momentum semble être du côté de Donald Trump depuis début octobre : le candidat est désormais en tête dans 6 des 7 swing states, vient de dépasser Kamala Harris dans le vote national et est donné gagnant à 63% chez les parieurs. Nous rappelons les valeurs européennes à privilégier ou à éviter en cas de victoire de Donald Trump, et avons également listé les valeurs européennes ayant une base de production aux US, par nature moins expo...
The outcome of the US presidential election hangs in the balance, but the momentum seems to be with Donald Trump since the beginning of October: the candidate is now in the lead in six of the seven swing states, has just overtaken Kamala Harris in the national vote while 63% of punters are tipping him to win. We recap in the present note on the European stocks to play or avoid in the event of Donald Trump's victory and have also listed European stocks with a production base in the US,...
>Results broadly in line with estimates. Growth excluding regulatory effects - Results were in line with our estimates (-0.6% at EBITDA, -2% vs consensus) marked by the end of the regulatory useful life of the pre-1998 assets with an estimated impact of € 260m in 2024 (€ 187m impact in 9M 2024). Excluding this effect, revenues grew by +1.9%. Domestic electricity transmission accounted for 76% of revenues and 71% of EBITDA in 9M 2024 with sales and EBITDA declining by,...
We hosted our 4th ODDO BHF Iberian Forum on the 1st and 2nd of October 2024, virtually. In total, 63 companies were present. In the following note, we provide some initial feedback from the companies on day 2. - >ACS (=): good operating momentum maintained, Abertis and its dividends on the front page - Atresmedia (=): Q3 should be challenging but outlook reiterated - Befesa (=): zinc prices held up well, offsetting the negative impact of maintenance on Q3 volumes - CaixaBank ...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.