INFORME SECTORIAL AUTOPISTAS EUROPA: SEGUIMOS VIENDO CATALIZADORES (AN...

Seguimos viendo catalizadores. Nuestra favorita es Ferrovial. A pesar de un entorno de crecimiento económico limitado e inflación a la baja, seguimos viendo catalizadores. Ferrovial (P.O. 65,0 euros/acc; +13% potencial) es nuestra favorita por las favorables perspectivas de sus Managed Lanes y 407ETR (especialmente a nivel de tarifas), su mayor sensibilidad a tipos y mejor posicionamiento de cara a la licitación de Managed Lanes. En Sacyr (P.O. 4,60 euros/acc; +15% potencial) estamos positivos p...

IBERIAN DAILY 05 FEBRUARY + 4Q’25 RESULTS. PREVIEWS (ANÁLISIS BANCO SA...

NEWS SUMMARY: ARCELORMITTAL, HIGHWAY SECTOR, IAG, INDRA, SANTANDER. 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’25 results to be released over the coming days in Spain. Ibex continues to climb It was a positive session for European stock markets thanks to business results and despite mounting tension in Iran and the drops in the technology sector. In the STOXX 600, Chemi...

ODDO BHF SECURITIES Small & MIDCAP MORNING NEWS – 02/04/2026

ODDO BHF SECURITIES Small & MIDCAP MORNING NEWS – 04/02/2026

Unicaja Banco : Solid Q4 25 figures but better mid-term outlook not en...

Unicaja Banco : T4 25 solide mais amélioration des perspectives MT ins...

UNICAJA: 4Q’25 RESULTS (ANÁLISIS BANCO SABADELL)

4Q'25 vs. 4Q'24 Results NII: € 378 M (-0.8% vs. -2.5% BS(e) and -2.3% consensus); Total Revenues: € 521 M (+0% vs. -2.5% BS(e) and -1.9% consensus); Operating Income: € 278 M (-4.5% vs. -7.9% BS(e) and -7.7% consensus); Net Profit: € 130 M (+5.9% vs. +16.8% BS(e) and +19.2% consensus); 4Q'25 vs. 3Q'25 Results NII: € 378 M (+0.8% vs. -1% BS(e) and -0.7% consensus); Total Revenues: € 521 M (+1.3% vs. -1.3% BS(e) and -0.8% consensus); Operating Income: € 278 M (+1% vs. -2.6% BS(e) and -2.4% consens...

UNICAJA: RDOS. 4T’25 (ANÁLISIS BANCO SABADELL)

Rdos. 4T'25 vs 4T'24: M. Intereses: 378 M euros (-0,8% vs -2,5% BS(e) y -2,3% consenso); M. Bruto: 521 M euros (+0% vs -2,5% BS(e) y -1,9% consenso); M. Neto: 278 M euros (-4,5% vs -7,9% BS(e) y -7,7% consenso); BDI: 130 M euros (+5,9% vs +16,8% BS(e) y +19,2% consenso). Rdos. 4T'25 vs 3T'25: M. Intereses: 378 M euros (+0,8% vs -1% BS(e) y -0,7% consenso); M. Bruto: 521 M euros (+1,3% vs -1,3% BS(e) y -0,8% consenso); M. Neto: 278 M euros (+1% vs -2,6% BS(e) y -2,4% consenso); BDI: 130 M euros (...

INFORME DIARIO 03 FEBRERO + RDOS. ESPAÑA Y EUROPA 4T’25. PREVIEWS (ANÁ...

COMPAÑÍAS QUE APARECEN EN EL INFORME: ESPAÑA: AEDAS HOMES, INDRA, MELIÁ, TELEFÓNICA, UNICAJA. EUROPA: INTESA SANPAOLO, UNICREDIT. 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. El Ibex alcanza los 18.000 puntos Jornada de menos a más en las bolsas europeas, con el Ibex liderando de nuevo...

IBERIAN DAILY 03 FEBRUARY + 4Q’25 RESULTS. PREVIEWS (ANÁLISIS BANCO SA...

NEWS SUMMARY: AEDAS HOMES, INDRA, MELIÁ, UNICAJA, TELEFÓNICA. 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’25 results to be released over the coming days in Spain. Ibex hits 18,000 points European stock markets saw an increasing performance, with the Ibex leading gains again, climbing more than +1.0% where the volatility of metals continued after the election of K. Warsh ...

IBERIAN DAILY 02 FEBRUARY + 4Q’25 RESULTS. PREVIEWS (ANÁLISIS BANCO SA...

NEWS SUMMARY: FERROVIAL, NATURGY, REPSOL. 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’25 results to be released over the coming days in Spain. Ibex hits new record highs Last week was marked by the earnings season in both Europe and the US, and the geopolitical tensions between the US and Iran did not prevent the Ibex from hitting new record highs. In the STOXX 600, the ...

INFORME DIARIO 02 FEBRERO + RDOS. ESPAÑA Y EUROPA 4T’25. PREVIEWS (ANÁ...

COMPAÑÍAS QUE APARECEN EN EL INFORME: ESPAÑA: FERROVIAL, NATURGY, REPSOL. EUROPA: N/A. 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. Nuevos máximos históricos del Ibex Semana marcada por la temporada de resultados y las tensiones geopolíticas entre EE.UU. e Irán lo que no impidió ver nu...

ODDO BHF SECURITIES Small & MIDCAP MORNING NEWS – 01/23/2026

ODDO BHF SECURITIES Small & MIDCAP MORNING NEWS – 23/01/2026

Ebro Foods : Acquires the remaining 30% of Bertagni for € 112.5m

INFORME DIARIO 23 ENERO + RDOS. ESPAÑA Y EUROPA 4T’25. PREVIEWS (ANÁLI...

COMPAÑÍAS QUE APARECEN EN EL INFORME: ESPAÑA: EBRO FOODS. EUROPA: SANOFI. 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. Europa se recupera de las dudas geopolíticas Las bolsas europeas se recuperaron con fuerza al disiparse la amenaza arancelaria tras el anuncio de D. Trump de un “acue...

IBERIAN DAILY 23 JANUARY + 4Q’25 RESULTS. HIGHLIGHTS AND REST OF PREVI...

NEWS SUMMARY: EBRO FOODS. 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’25 results to be released over the coming days in Spain. Europe recovers from geopolitical doubts European stock markets recovered significantly as the tariff threat eased after D. Trump’s announcement of a “framework agreement” with NATO on Greenland’s future where the US would have ensured total and ...

EBRO FOODS: COMPRA EL 30% DE BERTAGNI QUE NO OSTENTABA (ANÁLISIS BANCO...

Acaba de comunicar que ha alcanzado un acuerdo de compra por el 30% de Bertagni que no ostentaba

Bank Brunch/Spanish bank upgrades, Austrian covered bonds

Small Spanish banks upgraded. Friday's focus: Austrian covered bonds – convergence potential for smaller size issuers in a stable covered bond spread environment

Bank Brunch/Spanish bank upgrades, Austrian covered bonds

Small Spanish banks upgraded. Friday's focus: Austrian covered bonds – convergence potential for smaller size issuers in a stable covered bond spread environment.