Spanish stocks - Factors to watch on May 12

Kitco Media
By Reuters
Published:
Updated:
Reuters
May 12 (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:


TELEFONICA Spanish telecom firm Telefonica is open to discussing potential partnership on fiber networks in Spain with rival Vodafone , a company top official said on Thursday. ENDESA The outgoing chief executive of Italian energy giant Enel , Francesco Starace, is leaving the board of Enel's Spanish unit Endesa . FERROVIAL Spanish construction giant Ferrovial posted a 39% rise in first-quarter core earnings on Thursday, mainly thanks to higher tolls and a strong recovery in mobility in North America, where it has two-thirds of its business and is looking to expand. ACCIONA ENERGIA Acciona Energia said on Thursday it was on track for the delivery of around 1.8 GW capacity additions during 2023. ACCIONA Acciona said on Thursday it raised its stake in the wind turbine manufacturer Nordex to 47.08% from 40.9%. Separately, it said it will propose a gross dividend of about 4.5 euros ($4.95) per share, which is set to be paid on July 6. It also reported installed capacity of 11,942 MW at end-March and said it maintained 2023 outlook. COLONIAL The firm said on Thursday it will distribute a dividend of 0.25 euro per share. MERLIN PROPERTIES Spain's real estate company Merlin Properties reported on Thursday a 7% rise in gross rents in the first quarter, boosted by high occupancy levels and inflation. MELIA HOTELS Spanish chain Melia Hotels International on Thursday reported a 46% jump in revenue for the first quarter, slightly topping pre-pandemic levels, and forecast better sales for the summer as resort bookings were 30% higher than in 2019. TECNICAS REUNIDAS The company reported a first quarter net profit from continuing operations of 20.4 million euros versus 1.2 million euros a year ago and said it expected sales at 4 billion euros for 2023. TALGO Talgo reported on Thursday its net profit for the first quarter reached 2.4 million euros ($2.64 million) and confirmed its 2023 outlook. EZENTIS Grupo Ezentis said on Thursday its revenue in the first quarter fell 61% from the same period a year ago to 32.1 million euros ($35.34 million). ACERINOX Morgan Stanley raised its recommendation to "overweight" from "equal weight". For today's European market outlook double click on .


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