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1 week ago | 
marketscreener.com | Javi West Larrañaga
(Reuters) -Spanish steelmaker Acerinox said on Thursday it expects to benefit from "deglobalisation" and increased trade barriers, though tariff-related uncertainties hurt the company's first-quarter results. Acerinox has a unique position in the industry, Chief Corporate Officer Miguel Ferrandis said on a conference call, as producing in three different continents gives it a strategic advantage to take advantage of "regionalisation issues".
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1 week ago | 
marketscreener.com | Javi West Larrañaga
(Reuters) -Spanish travel technology company Amadeus said on Thursday several airline incidents, weather disruptions and government developments in the U.S. hurt its first-quarter bookings. Shares were down 5.3% in mid-afternoon trading, as Amadeus also trimmed full-year core-profit growth guidance by 1.3 percentage points, estimating that if the current U.S dollar to Euro exchange rate remains the same or continues to weaken it would generate a negative impact starting in the second quarter.
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1 week ago | 
marketscreener.com | Javi West Larrañaga |Marleen Kaesebier
By Javi West Larrañaga, Marleen Kaesebier (Reuters) -European companies are expected to report growth of 0.4% in first-quarter earnings, according to LSEG I/B/E/S data released on Tuesday, compared to the 1.7% drop analysts had expected a week ago. The improvement comes after 58.4% of the 149 STOXX 600 companies that have already reported first-quarter earnings exceeded analysts' expectations.
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1 week ago | 
ca.marketscreener.com | Javi West Larrañaga |Marleen Kaesebier
By Javi West Larrañaga and Marleen Kaesebier (Reuters) - European companies are expected to report growth of 0.4% in first-quarter earnings, according to LSEG I/B/E/S data released on Tuesday, compared to the 1.7% drop analysts had expected a week ago. The improvement comes after 58.4% of the 149 STOXX 600 companies that have already reported first-quarter earnings exceeded analysts' expectations.
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3 weeks ago | 
gurutrade.com | Javi West Larrañaga |Tomasz Janowski |Mark Heinrich
April 22 (Reuters) - The outlook for European corporate health continues to deteriorate, according to analyst forecasts published on Tuesday, as economic uncertainty persists around U.S. tariffs and other policies.
European companies are expected to report a drop of 3.5% in first-quarter earnings, according to LSEG I/B/E/S data, worse than the 3% drop analysts had expected a week ago.
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1 month ago | 
irishexaminer.com | Javi West Larrañaga
Ryanair is considering cutting more flights from medium and small Spanish airports next winter and in 2026 if operator Aena does not lower its fees, newspaper El Economista reported on Monday, citing the Irish airline's chief executive Eddie Wilson. Regional airports "need low fees to stimulate growth", Wilson told El Economista in an interview, "otherwise the formula will not work", he said, adding that the company would not invest in loss-making operations.
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1 month ago | 
gurutrade.com | Javi West Larrañaga |Inti Landauro |Bernadette Baum
March 26 (Reuters) - Spain's economy outperformed other major euro zone countries in 2024, data from the National Statistics Institute (INE) showed on Wednesday, confirming a contrast with euro zone peers.
Spain's gross domestic product grew 3.2% in 2024, a much faster rate than France and Italy's close-to-1% expansion and Germany's economic contraction of 0.2%.
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2 months ago | 
kfgo.com | Javi West Larrañaga
By Javi West Larrañaga(Reuters) – Spanish pharmaceutical company Almirall expects to almost double its annual revenue by 2030, boosted by higher sales of its dermatological products in Europe, CEO Carlos Gallardo said on Wednesday. He told Reuters that investments made over the past two years should imminently start to bear fruit, expecting its new eczema product Ebglyss to bring in 450 million euros ($472 million) a year by 2030, up from 33 million in 2024 when it was launched.
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Nov 28, 2024 | 
gurutrade.com | Rachel More |Javi West Larrañaga |Thomas Seythal |Inti Landauro
BERLIN, Nov 28 (Reuters) - Heidelberg Materials has struck a deal to buy U.S. company Giant Cement Holding and its subsidiaries for $600 million, it said on Thursday, the latest acquisition by the German company to expand its foothold in the United States.
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Nov 24, 2024 | 
gurutrade.com | Javi West Larrañaga |Inti Landauro |Emelia Sithole-Matarise
MADRID, Nov 25 (Reuters) - Private equity investor Blackstone plans to list shares of Spanish gambling company Cirsa in the first half of 2025 in an initial public offering, local newspaper Expansion reported on Monday, citing unidentified market sources.
Blackstone would raise between 700 million euros and 1 billion euros ($732 million to $1.1 billion)floating between 20% and 25% of Cirsa, Expansion said.
