A head start in Spanish equities (30/10/24) GDP Taxes Employment Budget SAN CAF TLGO CIE ENC IDR MAP PHM PRS PUIG Ibex

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Stories ranked by order of importance

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GDP?? (+/=) Spanish growth soars as Eurozone stumbles (FT)

Taxes??(+/-) The Government will adjust the tax on energy companies and banks to take into account investment in renewables and the level of interest rates (Expansion p30)

Employment?(-/=) The Ministry of Labour offers direct subsidies to micro companies in order to favour the reduction of the working week (Expansion p31)

Budget??(-/=) The Government does not comply with the new EU deadline to send its budget plan (El Economista p26)

Santander (=) 9m24 net profit €9.309m +14% on NII of €34.682m +8% (Expansion p13)

Acerinox?(=) 9m24 net profit of €162m -53% on revenues of €4.088bn -20% and EBITDA of €350m -42% (Expansion p8)

CAF/Talgo????(=) CAF competes with Talgo in Spain with its Oaris high speed train (Expansion p3)

CIE Automotive??(=) 9m24 net profit of €258.8m +2.1% on revenues of €3.012m +1.3% and EBITDA of €559.1m +4.2% (Expansion p5)

Ence? (=) 9m24 net profit of €41m vs. loss of €28.2m on revenues of €668.1m +6.1% and EBITDA of €152.4m +140% (Expansion p8)

Indra?(=) Raises its stake in Tess Defence to 51% by buying an additional 26% for €107m (Expansion p5)

Mapfre??(=) 9m24 net profit of €653.6m +38.9% on premiums of €21-622bn +4.6% (Expansion p14)

PharmaMar?(=) 9m24 net profit of €7.44m -7% on revenues of €126.5m +8% and EBITDA of €6.2m +14% (Expansion p10)

Prisa? (=) 9m24 loss of €37m on revenues of €634m -6.4% and EBITDA of €99m -18% (Expansion p12)

Puig? (=) 9m24 revenues of €3.428bn +9.6% (Expansion p10)

Ibex (-) The Ibex index falls 0.91% to 11,795, dragged down by Santander (Expansion p19)