Spanish stocks - Factors to watch on Feb 24

Kitco Media
By Reuters
Published:
Updated:
Reuters
Feb 24 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Friday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: AMADEUS Amadeus said on Friday it booked a net profit of 664 million euros ($703.44 million) in 2022 quarter after losing money in the previous two years as a result of the pandemic that ravaged the travel industry. Separately, the company said on Thursday in 2023 results of all its business units will depend on recovery of travel industry. ENDESA Endesa said on Friday its full-year net profit rose to 2.54 billion euros compared to 1.44 billion euros reported a year ago. IAG Iberia-owner International Airlines Group has agreed to pay 400 million euros ($423.84 million) to Spain's Globalia for the remaining 80% of airline Air Europa it did not already own, the company said in a statement on Thursday. Separately, British Airways-owner IAG ICAG.L on Friday reported substantially improved financial performance for 2022, with operating profit at 1.22 billion euros ($1.29 billion), and said profits would grow again this year. CATALANA OCCIDENTE The company said on Fridays it's net profit for full year rose to 486.6 million euros compared to 427.2 million euros reported one year ago. UNICAJA Unicaja said on Thursday it would propose cash gross dividend of 0.048 euro per share. LINEA DIRECTA Linea Directa said on Friday its net profit for the full year fell 46% to 59.5% million euros compared to 110.1 million euros reported a year ago. TR HOTEL The company said on Thursday its full-year net result turned to profit of 636,000 euros versus a loss of 70,000 euros a year ago. CEVASA Cevasa said on Thursday its full-year net profit rose to 28.7 million euros compared to 24.5 million euros a year ago. ACS Abertis, controlled in 50% by ACS and in 50% by the Italian group Atlantia, is negotiating the purchase of ACS's SH-288 toll road in Texas, United States, according to financial sources familiar with the deal, Spanish online news website El Economista reported on Friday.


REALIA Realia has been left, for the time being, without its executive director, as the board unanimously accepted last Tuesday the resignation of Gerardo Kuri Kaufmann from his positions as CEO with immediate effect, Spanish economic newspaper Expansion reported on Friday.


EDREAMS Barclays raised its target price to 8 euros from 6.75 euros. For today's European market outlook double click on .


For real-time moves on the Spanish blue-chip index IBEX please double click on For IBEX constituent stocks highlight .IBEX in the command box and press the F3 button on your keyboard


For latest news on Spanish stock moves double click For Spanish language market report double click on For latest Eurostocks report please double click on (Gdansk Newsroom; Gdansk.newsroom@thomsonreuters.com +48 58 769 66 00)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.