PUIG BRANDS: 3Q’25 SALES (ANÁLISIS BANCO SABADELL)

3Q'25 vs. 3Q'24 Results Sales: € 1.297 Bn (+3.2% vs. +1.4% BS(e) and +0.5% consensus); 9M'25 vs. 9M'24 Results Sales: € 3.596 Bn (+4.9% vs. +4.2% BS(e) and +4.2% consensus);

UNICAJA: 3Q’25 RESULTS (ANÁLISIS BANCO SABADELL)

3Q'25 vs. 3Q'24 Results NII: € 375 M (-2.3% vs. -2% BS(e) and -3.3% consensus); Total Revenues: € 515 M (+0.2% vs. +0.2% BS(e) and -0.5% consensus); Operating Income: € 276 M (-3.5% vs. -3.6% BS(e) and -4.9% consensus); Net Profit: € 165 M (+5.4% vs. +1.3% BS(e) and -4.8% consensus); 3Q'25 vs.. 2Q'25 Results NII: € 375 M (+0.3% vs. +0.6% BS(e) and -0.8% consensus); Total Revenues: € 515 M (-5.2% vs. -+5.2% BS(e) and -5.9% consensus); Operating Income: € 276 M (-9.9% vs. -10% BS(e) and -11.2% con...

Credit Morning 10/31/2025

INEOS Quattro: conference call comments|Casino is launching work to adapt its financial structure|Iliad and CK Hutchison are reportedly weighing a potential merger of their Italian operations (Reuters)|

CAIXABANK: 3Q’25 RESULTS (ANÁLISIS BANCO SABADELL)

3Q'25 vs. 3Q'24 Results NII: € 2.67 Bn (-4.3% vs.. -5.3% BS(e) and -4.7% consensus); Total Revenues: € 4.08 Bn (-0.4% vs. -1.9% BS(e) and -1.5% consensus); Operating Income: 2.46 Bn (-3.9% vs. -5.8% BS(e) and -5.3% consensus); Net Profit pre AT1: € 1.4 Bn (-8.1% vs. -4.4% BS(e) and -9.7% consensus). 3Q'25 vs.. 2Q'25 Results NII: € 2.67 Bn (+1.4% vs. +0.3% BS(e) and +1% consensus); Total Revenues: € 4.08 Bn (+1.2% vs. -0.4% BS(e) and 0% consensus); Operating Income: € 2.46 Bn (+1.1% vs. -0.9% BS(...

ODDO BHF SECURITIES Small & MIDCAP MORNING NEWS – 10/31/2025

MELIÁ HOTELS: 3Q’25 RESULTS AND T.P. INCREASE (ANÁLISIS BANCO SABADELL...

3Q'25 vs. 3Q'24 Results Sales: € 616.6 M (+5.6% vs. +4.5% BS(e) and +4.2% consensus); EBITDA: € 192.2 M (+2.1% vs. +2.7% BS(e) and +3.0% consensus); 9M'25 vs. 9M'24 Results Sales: € 1.603 Bn (+3.8% vs. +3.4% BS(e) and +3.3% consensus); EBITDA: € 435.8 M (+1.7% vs. +2.0% BS(e) and +2.1% consensus);

Morning Crédit 31/10/2025

INEOS Quattro: conference call comments|Casino va discuter avec ses créanciers en vue de l'adaptation et du renforcement de sa structure financière|Iliad et CK Hutchison envisageraient une éventuelle fusion de leurs activités en Italie (Reuters)|

ODDO BHF SECURITIES LARGE CAPS MORNING NEWS 10/31/2025

ODDO BHF SECURITIES Small & MIDCAP MORNING NEWS – 31/10/2025

ODDO BHF SECURITIES LARGE CAPS MORNING NEWS 31/10/2025

PUIG BRANDS: VENTAS 3T’25 (ANÁLISIS BANCO SABADELL)

Rdos. 3T'25 vs 3T'24: Ventas: 1.297 M euros (+3,2% vs +1,4% BS(e) y +0,5% consenso); Rdos. 9meses'25 vs 9meses'24: Ventas: 3.596 M euros (+4,9% vs +4,2% BS(e) y +4,2% consenso).

UNICAJA: RDOS. 3T’25 (ANÁLISIS BANCO SABADELL)

Rdos. 3T'25 vs 3T'24: M. Intereses: 375 M euros (-2,3% vs -2% BS(e) y -3,3% consenso); M. Bruto: 515 M euros (+0,2% vs +0,2% BS(e) y -0,5% consenso); M. Neto: 276 M euros (-3,5% vs -3,6% BS(e) y -4,9% consenso); BDI: 165 M euros (+5,4% vs +1,3% BS(e) y -4,8% consenso); Rdos. 3T'25 vs 2T'25: M. Intereses: 375 M euros (+0,3% vs +0,6% BS(e) y -0,8% consenso); M. Bruto: 515 M euros (-5,2% vs -+5,2% BS(e) y -5,9% consenso); M. Neto: 276 M euros (-9,9% vs -10% BS(e) y -11,2% consenso); BDI: 165 M eur...

AXA: VENTAS 9MESES’25 (ANÁLISIS BANCO SABADELL)

Ventas 9meses’25 vs 9meses’24 No Vida: 46.154 M euros (+3,7% vs +4,8% BS(e) y 4,7% consenso); Vida: 27.822 M euros (+10,9% vs +10,0% BS(e) y +7,7% de consenso) Salud: 14.505 M euros (+10,3% vs +10,5% BS(e) y +9,6% consenso); Gestión de activos: 875,0 M euros (-28,4% vs -28,4% BS(e) y -28,4% consenso); Ventas totales: 89.424 M euros (+5,5% vs +5,9% BS(e) y +5,0 consenso).

AXA : 9M business trend in line with H1 2025

MELIÁ HOTELS: RDOS. 3T’25 Y CAMBIO DE P.O. AL ALZA (ANÁLISIS BANCO SAB...

Rdos. 3T'25 vs 3T'24: Ventas: 616,6 M euros (+5,6% vs +4,5% BS(e) y +4,2% consenso); EBITDA: 192,2 M euros (+2,1% vs +2,7% BS(e) y +3,0% consenso). Rdos. 9meses'25 vs 9meses'24: Ventas: 1.603 M euros (+3,8% vs +3,4% BS(e) y +3,3% consenso); EBITDA: 435,8 M euros (+1,7% vs +2,0% BS(e) y +2,1% consenso).

Melia : Q3 broadly in line with forecasts, 2025 RevPAR growth guidance...

IBERIAN DAILY 31 OCTOBER + 3Q’25 RESULTS. PREVIEWS (ANÁLISIS BANCO SAB...

NEWS SUMMARY: BANKINTER, CAIXABANK, ELECTRICITY SECTOR, MELIÁ, PUIG BRANDS, SANTANDER, UNICAJA. 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. Profit taking after Central Bank meetings European stock markets slid amid 3Q’25 results and the Central Banks meetings. In the STOXX 600, Technology and Travel&Leisure were th...

CAIXABANK: RDOS. 3T’25 (ANÁLISIS BANCO SABADELL)

Rdos. 3T'25 vs 3T'24: M. Intereses: 2.674 M euros (-4,3% vs -5,3% BS(e) y -4,7% consenso); M. Bruto: 4.077 M euros (-0,4% vs -1,9% BS(e) y -1,5% consenso); M. Neto: 2.458 M euros (-3,9% vs -5,8% BS(e) y -5,3% consenso); BDI pre AT1: 1.445 M euros (-8,1% vs -4,4% BS(e) y -9,7% consenso). Rdos. 3T'25 vs 2T'25: M. Intereses: 2.674 M euros (+1,4% vs +0,3% BS(e) y +1% consenso); M. Bruto: 4.077 M euros (+1,2% vs -0,4% BS(e) y 0% consenso); M. Neto: 2.458 M euros (+1,1% vs -0,9% BS(e) y -0,4% consens...

PUIG : Q3 significantly above expectations. A welcome change of tone a...

INFORME DIARIO 31 OCTUBRE + RDOS. ESPAÑA Y EUROPA 3T’25. PREVIEWS (ANÁ...

COMPAÑÍAS QUE APARECEN EN EL INFORME: ESPAÑA: CAIXABANK, MELIÁ, SECTOR ELÉCTRICO, PUIG BRANDS, UNICAJA. EUROPA: AXA, BAYER, SECTOR BANCARIO, 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. 3T’25 que se publicarán en España y Europa en los próximos días. Toma de beneficios post Bancos Centrales Las bolsas a ambos lados del Atlántico se decant...