off-the-wire

Spanish stocks - Factors to watch on April 26

Kitco Media
By Reuters
Published:
Updated:
Reuters
April 26(Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy:


IBERDROLA Spain's biggest utility Iberdrola said on Wednesday that its first-quarter net profit rose more than 40% year-on-year, beating analysts' expectations. Separately, it said it sealed a strategic alliance with Singapore's sovereign wealth fund GIC for 430 million euro
($472.14 million) transmission networks expansion in Brazil. RED ELECTRICA Red Electrica said on Wednesday its first-quarter net profit was down to 180.4 million euros ($198.08 million). AENA Spanish airport operator Aena said on Thursday it booked a net profit of 134 million euros ($147.20 million) in the first quarter as its overall passenger traffic was back to pre-pandemic levels. METROVACESA Metrovacesa said on Wednesday it booked a first-quarter net loss of 3.6 million euros ($3.95 million). RENTA 4 Renta 4 said on Tuesday its first-quarter net interest income turned positive and stood at 6.4 million euros ($7.03 million). PRISA Prisa said on Tuesday its first-quarter net profit was 5.2 million euros ($5.71 million). SANTANDER RBC cut its target price to 4.05 euros from 4.10 euros. For today's European market outlook double click on .


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