2025 marked a turning point for Cellnex as its Free Cash Flow generation accelerated. Moreover, the company continues to reduce leverage, through growth and divestments, to meet its leverage target of 5.0-6.0x net debt to EBITDA. We continue to believe the notes look attractive.
NEWS SUMMARY: INDRA. Markets back in green European stock markets rallied more than +1.5% (the IBEX close to +3.0%), despite the fact that the war in the Middle East continued to generate uncertainty. The US and Israel stated they are close to controlling Irani airspace, with Iran denying it is looking to negotiate an end to the war with the US. In the STOXX 600, all the sectors except Food, Energy (with the falling oil prices) and Chemicals posted gains, led by Travel & Leisure and Banks. On ...
COMPAÑÍAS QUE APARECEN EN EL INFORME: ESPAÑA: INDRA. EUROPA: BAYER, DHL GROUP. Incluido en el informe diario de hoy, y durante toda la campaña de resultados, incorporamos al final una presentación con los resultados destacados en positivo y negativo y previews de Rdos. 4T’25 que se publicarán en España y Europa en los próximos días. Vuelta de números verdes Las bolsas europeas rebotaron por encima del +1,5% (el Ibex cerca del +3,0%) a pesar de que la guerra en Oriente Medio siguió generando in...
Our Top Picks blend Iberia’s resilient inner demand and tourism engines with defensive cash yield and regulated exposure. The macro overview remains a “low-drama, high-uncertainty” expansion: eurozone growth is steady with disinflation near 2%, an ECB on a prolonged plateau, and benign financial conditions. Positioning favours quality consumer/services (Inditex, AENA and Cirsa), transition/regulated cash flows (EDP), and high cash O&G (Repsol), with yield support (Navigator).
A director at Vidrala S.A. bought 10,000 shares at 80.730EUR and the significance rating of the trade was 100/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly...
NEWS SUMMARY: AMADEUS, AMPER, CAF, IBERDROLA, REDEIA, TALGO, TELEFÓNICA, UNICAJA. We begin a highly volatile week European stock markets ended last week with corrections whereas doubts persist in the technology sector and the geopolitical tension between the US and Iran continues. The Ibex endured battery of earnings and ended above 18,000 points. In the STOXX 600, the best-performing sectors last week were Utilities and Real Estate, whereas Basic Materials and Telecoms had the biggest drops....
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