BME:GCO
BME:GCOInsurance

Grupo Catalana Occidente (BME:GCO) Net Margin Jump Reinforces Value Narrative Despite Slower Growth Outlook

Grupo Catalana Occidente (BME:GCO) posted net profit margins of 14.8%, up from 13.1% previously, and delivered EPS growth of 18.5% over the past year, beating its 5-year average of 16.5% per year. Looking ahead, earnings are forecast to grow at 4.41% per year, with revenue set for 2.3% annual growth, both trailing the broader Spanish market. With a steady track record, accelerating profit growth, and no major risks highlighted, investors have several reward factors to weigh as they consider...
BME:CABK
BME:CABKBanks

CaixaBank (BME:CABK): Earnings Growth and Margin Expansion Challenge Bearish Narratives

CaixaBank (BME:CABK) delivered earnings growth of 17.4% over the past year, outpacing its five-year average of 14.6% per year. Net profit margins rose to 38% from 34.5%. Forward earnings growth is forecast at 3.86% annually, which is below the Spanish market’s 5.1%. However, projected revenue growth at 4.5% slightly exceeds the market’s 4.2%. Strong historical growth and improving profitability contribute to a compelling risk-reward profile, though dividend sustainability remains a point of...
BME:RED
BME:REDElectric Utilities

Redeia (BME:RED) Margin Slide Challenges Bullish Narratives Despite Forecasted Growth Outpacing Spanish Market

Redeia Corporación (BME:RED) is forecasting earnings growth of 5.23% per year and expects revenue to rise 4.8% annually, which is ahead of the broader Spanish market's 4.2% growth outlook. Despite these positive projections, the company's net profit margin has slipped from 33.6% to 30%, and reported earnings have decreased at a rate of 5.5% per year over the last five years. Although the stock is trading at a premium, with a Price-to-Earnings Ratio of 16.6x that surpasses both its peers...
BME:BBVA
BME:BBVABanks

BBVA (BME:BBVA) Margin Dip Challenges Bullish Narrative as Dividend Sustainability Questioned

Banco Bilbao Vizcaya Argentaria (BME:BBVA) is forecasting revenue growth of 5.6% per year, outpacing the Spanish market’s 4.2% average. Earnings are expected to increase at 3.9% per year, which is slower than the broader market’s 5.1% pace, and net profit margins have ticked down slightly to 30.8% from last year’s 31.3%. While BBVA’s average earnings growth was an impressive 25.9% annually over five years, the most recent yearly gain of 7.4% marks a step down from that strong trend. See our...
BME:PUIG
BME:PUIGPersonal Products

Puig (BME:PUIG) Is Up 6.3% After Raising Guidance on Makeup Momentum and U.S. Online Strength

Puig Brands reported a 6.1 percent increase in like-for-like sales in its third quarter, driven by strong makeup and skincare segment performance, as softness continued in the fragrance division. Momentum in premium brands such as Charlotte Tilbury, particularly in the U.S. online market, prompted the company to raise its full-year revenue growth guidance to the midpoint of its previously stated range. We’ll explore how Puig’s raised outlook, supported by the success of its makeup segment,...
BME:TRE
BME:TREEnergy Services

How the Saudi Water Project Win Could Shape Técnicas Reunidas' (BME:TRE) Role in Sustainable Infrastructure

Fluence Corporation Limited recently announced it has secured a contract worth more than US$12 million to supply an advanced ultra-pure water treatment system for Técnicas Reunidas S.A., which is managing the construction of a new combined-cycle power plant in Saudi Arabia. This collaboration highlights expanding demand for sustainable water technologies and demonstrates Técnicas Reunidas' continued involvement in major energy infrastructure projects in the Middle East. We’ll look at how...
BME:MAP
BME:MAPInsurance

Mapfre (BME:MAP) Valuation in Focus After Earnings Jump Signals Improved Performance

Mapfre (BME:MAP) shares are drawing attention following the company’s earnings announcement, which revealed net income of €829 million for the first nine months of 2025, an increase from €653 million a year earlier. See our latest analysis for Mapfre. Mapfre’s recent jump in profits has amplified investor attention, but the share price tells an even bigger story. Despite some short-term volatility, with a drop of 5.01% over the past day, the year-to-date share price return sits at an...
BME:IBE
BME:IBEElectric Utilities

Should Iberdrola’s Upgraded Profit Guidance After Strong Q3 Results Prompt Action From (BME:IBE) Investors?

In late October 2025, Iberdrola reported its third-quarter results, posting quarterly net income of €1.74 billion and raising full-year profit guidance after strong performances in its network business and increased investments in the U.S. and UK. The company’s focus on expanding regulated networks and heightened clean energy investment led to improved operating momentum and prompted the upgraded earnings outlook for the remainder of the year. We'll look at how Iberdrola's upgraded profit...
BME:SAN
BME:SANBanks

Santander (BME:SAN) Net Margin Improves to 25.3%, Challenging Expectations of Slowing Growth

Banco Santander (BME:SAN) delivered another year of profitability growth, posting a 19.8% rise in annual earnings, which brings its five-year earnings increase to an impressive 36.7%. Net profit margins also ticked higher to 25.3%, gaining from last year's 22.9%, and the shares are now trading at €8.75, notably below the estimated fair value of €11.5. With future earnings projected to grow at 3.8% per year, which is slower than the broader Spanish market but with revenue expected to outpace...
BME:EBRO
BME:EBROFood

Ebro Foods (BME:EBRO) Margin Dip Challenges Bullish Value Narrative Despite Discounted Shares

Ebro Foods (BME:EBRO) is forecasting modest growth, with revenue expected to rise by 1.8% per year and earnings projected to increase at 1.5% annually. Both figures are lagging the broader Spanish market’s pace. The company’s net profit margin currently stands at 6.3%, just below last year’s 6.5%, and its average annual earnings growth over the past five years is 14.4%. However, recent periods show a dip in both margins and earnings. For investors, the combination of below-market growth...
BME:ELE
BME:ELEElectric Utilities

Endesa (BME:ELE) Net Profit Margin Doubles, Challenging Bearish Narratives on Profit Quality

Endesa (BME:ELE) delivered standout earnings this period, with net profit margin surging to 10.3% from last year’s 5%. Year-on-year earnings growth reached 101.9%, well above its five-year annual average of 5.8%. Over the past five years, earnings have grown at a 5.8% yearly pace, and the company’s earnings quality remains high. Despite these robust figures, the outlook now faces pressure from forecasted declines in earnings per year and investor concerns about valuation and dividend...
BME:IDR
BME:IDRIT

Indra Sistemas (BME:IDR) Is Up 10.2% After Net Income Surges to €291 Million – Has the Bull Case Changed?

Indra Sistemas, S.A. recently announced its third quarter and nine-month 2025 earnings, posting sales of €1.16 billion and nine-month net income rising to €291.3 million from €184.5 million the previous year. The sharp growth in both revenue and net profit highlights the company’s ongoing momentum as governments and aviation authorities continue prioritizing modernization of airspace and navigation infrastructure globally. We’ll examine how Indra’s surge in net income and revenue growth...
BME:MEL
BME:MELHospitality

How Meliá Hotels' Middle East Debut Could Shape Its Global Strategy and Diversification (BME:MEL)

Meliá Hotels International recently announced plans to open its first hotel in Bahrain in 2027, marking its entry into the Middle East market. This expansion reflects Meliá's ongoing efforts to grow its international portfolio and expand its global reach in hotel management. We'll analyze how the planned Bahrain entry could influence Meliá's growth outlook and global diversification strategy going forward. These 14 companies survived and thrived after COVID and have the right ingredients to...
BME:CLNX
BME:CLNXTelecom

Why Cellnex Telecom (BME:CLNX) Is Up After Organic Growth and New Share Buyback Completion

Cellnex Telecom reported strong second-quarter 2025 operational progress, achieving 6% organic revenue growth and an 8.1% increase in EBITDA after leases, and completed an €800 million share buyback program. New long-term infrastructure agreements with major carriers like Odido and Telefónica further solidified Cellnex's position in the European telecom infrastructure market. We'll examine how Cellnex's successful share buyback and renewed long-term contracts may influence the company's...
BME:AENA
BME:AENAInfrastructure

Aena (BME:AENA) Earnings Outpace Spain’s Average, Challenging Concerns Over Slower Revenue Growth

Aena S.M.E (BME:AENA) posted 3.8% forecast annual revenue growth, which trails the broader Spanish market’s 4.7% outlook, but earnings are projected to rise 5.1%, handily beating the national average. The company’s net profit margin sits at 33.4%, a touch lower than last year’s 34.2%, with EPS supported by high-quality, growing profits. Over the past five years, Aena delivered a remarkable 55.1% average annual profit growth, though the most recent year’s 6.3% bump signals a move toward a...
BME:NTGY
BME:NTGYGas Utilities

Naturgy (BME:NTGY) Earnings Growth Slows Sharply, Undermining Bullish Narratives on Long-Term Profitability

Naturgy Energy Group (BME:NTGY) reported earnings growth of 1.2% over the past year, a significant moderation from its five-year average of 32.3% per year. Revenue is forecast to grow at 2.1% per year, trailing the Spanish market’s expected 4.7% annual growth rate. Net profit margins dipped slightly to 10% from 10.1% last year. Looking ahead, earnings are projected to decline by 4% annually over the next three years, reflecting a more cautious outlook for the company’s profitability. See our...
BME:PRS
BME:PRSMedia

Prisa (BME:PRS): Loss Reduction Highlights Mixed Narrative as Balance Sheet Risks Persist

Promotora de Informaciones (BME:PRS) remains in the red, but it has narrowed its losses at an impressive annual rate of 54% over the past five years. Investors are watching closely, as the company is forecast to achieve profitability within the next three years and deliver a sharp 116.15% annual growth in earnings. Even with revenue expected to grow more slowly at 3.1% per year compared to the broader Spanish market’s 4.7%, there is clear momentum in profitability that stands out. See our...
BME:LDA
BME:LDAInsurance

Línea Directa (BME:LDA): Assessing Valuation Following Strong Q3 and 9-Month Profit Growth

Línea Directa Aseguradora Compañía de Seguros y Reaseguros (BME:LDA) has released its third quarter and nine-month 2025 financials, revealing a jump in net income compared to last year. This uptick in profitability draws investor focus to the company’s recent performance. See our latest analysis for Línea Directa Aseguradora Compañía de Seguros y Reaseguros. After these strong earnings, Línea Directa Aseguradora’s share price has pulled back around 10% in the past month. However, the stock’s...
BME:BBVA
BME:BBVABanks

How Investors May Respond To Banco Bilbao Vizcaya Argentaria (BME:BBVA) Q3 Results and Share Buyback Initiative

Banco Bilbao Vizcaya Argentaria, S.A. has reported its third-quarter 2025 results, recording €6.64 billion in net interest income and €2.53 billion in net income, alongside the announcement of a share buyback program aimed at enhancing shareholder value. While net interest income rose compared to the previous year, net profit saw a slight decline, pointing to shifting operational dynamics within the bank’s core markets. We'll look at how BBVA’s higher net interest income and new share...