IBERIAN DAILY 30 MAY (ANÁLISIS BANCO SABADELL)

NEWS SUMMARY: GRIFOLS. End of tariffs? European stock markets saw decreasing performance, with the exception of the Ibex, ending with slight drops after reciprocal tariffs were blocked by a US court. Thus, in the STOXX 600 most sectors (15/20) ended with drops, led by Utilities and Household vs. the bigger gains of Banks and Basic Resources. On the macro side, in Spain, April’s retail sales rose to the highest level in 2025. In the US the second reading of the 1Q’25 GDP improved 0.1pp to -0.2% ...

INFORME DIARIO 30 MAYO (ANÁLISIS BANCO SABADELL)

COMPAÑÍAS QUE APARECEN EN EL INFORME: ESPAÑA: GRIFOLS. EUROPA: SANOFI. ¿Portazo a los aranceles? En una jornada de más a menos las bolsas europeas, a excepción del Ibex, terminaron con ligeras caídas tras el bloqueo a los aranceles recíprocos que dictaminó un tribunal de EE.UU. En el STOXX 600 la mayoría de los sectores (15/20) cerraron con pérdidas, lideradas por los defensivos Utilites y Hogar frente a las mayores ganancias de Bancos y R. Básicos. Por el lado macro, en España las ventas al po...

INFORME DIARIO 23 MAYO (ANÁLISIS BANCO SABADELL)

COMPAÑÍAS QUE APARECEN EN EL INFORME: ESPAÑA: CAIXABANK, GRIFOLS, INDRA, OHLA. Pausa en las subidas Los mercados europeos tomaron beneficios más preocupados por la deriva de la rentabilidad de la curva estadounidense. Así, todos los sectores del STOXX 600 terminaron en rojo siendo Químicas y Hogar los mejores, mientras que B. Consumo y Autos terminaron con las caídas más profundas. Por el lado macro, en la Eurozona el PMI preliminar de manufacturas se recuperó en mayo algo más de lo esperado mi...

IBERIAN DAILY 23 MAY (ANÁLISIS BANCO SABADELL)

NEWS SUMMARY: CAIXABANK, GRIFOLS, INDRA, OHLA. Rallies take a breather European markets saw profit taking, more concerned with the US debt curve. Thus, all sectors in the STOXX 600 ended in the red, with Chemicals and Household Goods being the best performers, whereas Consumer Goods and Autos ended with the biggest drops. On the macro side, in the euro zone May’s preliminary manufacturing PMI recovered slightly more than expected, whereas the services index fell unexpectedly to a low since Feb’...

BNP Paribas Bank Polska S.A.: 1 director

A director at BNP Paribas Bank Polska S.A. sold 1,828 shares at 105.500PLN and the significance rating of the trade was 53/100. 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 ...

Credit Morning 05/13/2025

Cellnex issues € 750m of new 2032 notes|Grifols : Q1 2025 earnings above expectations, FY guidance maintained despite weaker US dollar|90-day truce in the trade war between the United States and China|

Morning Crédit 13/05/2025

Cellnex émet 750 m EUR de nouvelles obligations 2032|Grifols : résultats supérieurs aux attentes au T1 2025, guidance annuelle confirmée malgré la dépréciation du dollar US|Trêve de 90 jours dans la guerre commerciale entre les Etats-Unis et la Chine|

GRIFOLS: 1Q’25 RESULTS (ANÁLISIS BANCO SABADELL)

1Q'25 vs. 1Q'24 Results Sales: € 1.786 Bn (+9.8% vs. +6.1% BS(e) and +6.9% consensus); EBITDA: € 400.0 M (+29.0% vs. +20.2% BS(e) and +25.8% consensus); EBIT: € 268.86 M (+31.9% vs. +25.1% BS(e) and +29.0% consensus); Net Profit: € 60.0 M (+185.7% vs. +121.2% BS(e) and +128.6% consensus);

GRIFOLS: RDOS. 1T’25 (ANÁLISIS BANCO SABADELL)

Rdos. 1T'25 vs 1T'24: Ventas: 1.786 M euros (+9,8% vs +6,1% BS(e) y +6,9% consenso); EBITDA: 400,0 M euros (+29,0% vs +20,2% BS(e) y +25,8% consenso); EBIT: 268,86 M euros (+31,9% vs +25,1% BS(e) y +29,0% consenso); BDI: 60,0 M euros (+185,7% vs +121,2% BS(e) y +128,6% consenso).

IBERIAN DAILY 13 MAY + 1Q’25 RESULTS. HIGHLIGHTS AND REST OF PREVIEWS ...

NEWS SUMMARY: ACCIONA, ACCIONA ENERGÍA, ACS, ELECTRICITY AND GAS SECTOR, GRIFOLS. 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 1Q’25 results to be released over the coming days in Spain. Markets become euphoric The agreement between the US and China to lower tariffs fuelled global stock markets again. In the STOXX 600, most sectors (14/20) ended the week with gains, led by ...

INFORME DIARIO 13 MAYO + RDOS. ESPAÑA Y EUROPA 1T’25. IDEAS DESTACADAS...

COMPAÑÍAS QUE APARECEN EN EL INFORME: ESPAÑA: ACS, GRIFOLS, ACCIONA, ACCIONA ENERGÍA, SECTOR ELÉCTRICO Y GASISTA. EUROPA: BAYER, MUNICH RE. 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. 1T’25 que se publicarán en España y Europa en los próximos días. El mercado se pone en modo eufórico El acuerdo entre EE.UU. y China para reducir los aranceles impuls...

Cellnex (Reduce, €28.5, -15%) Q1 25: Revenue volatility raises new qu...

Cellnex’s reported Q1 results were broadly in line with expectations and all 2025 and 2027 guidance has been reiterated, albeit our estimates remain fractionally below their guidance ranges.

ODDO BHF SECURITIES LARGE CAPS MORNING NEWS 05/09/2025