The IBEX 35 has ended the session with decreases of 0.63% despite the fact that it has been trading positive for much of the session. In the middle of the session, the Spanish selective extended its advance to 0.88%, which allowed it to stay comfortably above the 8,500-point barrier, with most values positive.
In the Ibex 35, the values that have risen the most have been Laboratorios Rovi 3.43%, Grifols A 3.39%, Endesa 3.01%, Almirall 2.55% and Iberdrola 1.30%. For its part, Indra has left 9.41%, Aena 3.60%, Banco Sabadell 3.46%, Caixabank 2.92% and IAG (Iberia) 2.81%.
The Madrid Stock Exchange index has led the declines in Europe, followed by the German Dax which has dropped 0.42%, the Italian FTSE Mib 0.34%, the EURO STOXX 50 0.30% and the CAC 40 French 0.10%. London’s FTSE 100 rose 0.05%.
The context continues to be marked by the escalation of tensions in Ukraine, after Russia has recognized the independence of the self-proclaimed republics of Donetsk and Lugansk. The foreign ministers of the European Union have approved sanctioning those responsible for the Russian recognition of the separatist regions of Donetsk and Lugansk, in a package that includes financial measures against military commanders and members of the Duma.
For his part, the Secretary General of the United Nations, António Guterres has called for an “immediate ceasefire” in eastern Ukrainewhere the self-proclaimed republics of Donetsk and Lugansk are located, which received recognition from Moscow on Monday.
At the business level, Iberdrola, Aena, Rovi, Red Eléctrica and Indra have presented their results, while ACS has launched a bid of 1,000 million euros to acquire 100% of Cimic, its subsidiary in Australia. In addition, the Council of Ministers has authorized the State Industrial Participation Company (SEPI) to increase its stake to 28% in Indra’s capital.
This morning, before the opening of the market, Iberdrola presented accounts. The company obtained a record net profit of 3,885 million euros in 2021, which represents an increase of 8% compared to the previous year, thus exceeding its objectives for the year. The group’s gross operating profit (Ebitda) exceeded 12,000 million euros last year, with a growth of 20% compared to 2020, driven by networks and renewable generation. With this figure, Iberdrola advances its forecast gross profit estimate for 2022 by a year.
Laboratorios Rovi obtained a net profit of 153.1 million euros in 2021, which represents an improvement of 151% compared to 61.1 million in 2020, as reported by the company, which will propose a dividend to the general meeting of shareholders charged to the results of the 2021 financial year of 0.9556 euros per share (+151%), which represents the distribution of approximately 35% of the consolidated net profit for the year 2021. Likewise, operating income increased by 54% compared to the previous year, reaching 648.7 million euros, mainly as a result of the strength of the third-party manufacturing business, which grew by 189% in sales, and the pharmaceutical specialties business, whose sales grew by 17%.
REE has increased profit by 9.6% in 2021, and reduced debt by 7.6% year-on-year at the end of 2021. The company will pay a dividend of 0.7273 euros on July 1. At this time it yields 0.54%.
Aena has reduced losses, but even so its net result has been negative: -60 million. Meanwhile, total income has risen to 2,393.3 million euros, 6.7% more.
Indra has earned 143 million euros in 2021, which contrasts with the losses of the previous year, and exceeds the figures for 2019, before the pandemic, by 18%. The company has published its financial results this Wednesday, which present record income of 3,390 million euros, a growth of 11.4% in reported terms, with Spain as the main market with 1,719 million euros of income, 8.7% more than in 2020.
Regarding macro data, it has been confirmed that the The year-on-year inflation rate in the euro zone stood at 5.1% last Januaryone tenth above the rise observed in December, which represents the highest rise in prices in the euro region in the entire historical series.
On the other hand, German consumer confidence suggests deterioration ahead of March in the face of persistent pressure from price increases, according to the index prepared by GfK, which stood at -8.1 points, compared to -6.7 in February.
The price of a barrel of Brent quality oil, a reference for the Old Continent, stood at a price of 93.79 dollars with a rise of 0.01%, while the American West Texas left 91.72 dollars after falling 0.34%.
The price of the euro against the dollar stood at 1.1331 ‘greenbacks’, while the Spanish risk premium stood at 103.70 basis points with the interest required on the ten-year bond at 1.26%.
