Acciona, Acciona Energia fall after 'weak' H1 results

Acciona

31/07/2026 09:39

** Shares in Spanish infrastructure firm Acciona ANA.MC and its renewable unit Acciona Energia ANE.MC fall about 2.5% and 3.8%, respectively, after posting their H1 results on Thursday
** For the parent company, broker Renta 4 notes weak first-half EBITDA and net profit due to second-half asset rotation concentration, partially secured by the divestments executed in July
** Renta 4 says the operational results confirm its thesis that "the value is in the group" as Acciona's infrastructure segment and Nordex NDXG.DE wind turbine unit, where it holds a 47% stake, offset a tough energy market
** Fulfilling the divestment plan and deleveraging the Acciona Energia below €3 billion will be the key catalysts for the rest of the year, the broker adds
** For the renewable unit, Renta 4 says EBITDA and net profit missed estimates but it anticipates a more dynamic second half
** Acciona pares losses after falling as much as 7.1%, while Acciona Energia narrows earlier losses of as much as 5.3%
     

(Reporting by Marta Serafinko)
((marta.serafinko@thomsonreuters.com))