Spanish stocks - Factors to watch on Sept 28
Spanish stocks - Factors to watch on Sept 28 Sept 28 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Monday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy:
ARCELORMITTAL MTS.MC
Steelmaker ArcelorMittal MT.AS said it was shutting production at Ukraine's largest steel plant, underscoring the growing economic toll of Russia's airstrikes that on Friday killed seven people in Kyiv including a 14-year-old boy and injured 58.
NATURHOUSE NTH.MC
The company said on Friday its first-half net profit was €4.7 million.
Separately, it said on Friday it would pay dividend of €0.05 per share on November 6.
IBERDROLA IBE.MC
Iberdrola has notified Spain's competition regulator CNMC of its acquisition of the solar self-consumption business of Contigo Energia, the Gesternova group brand focused on designing, financing and installing solar systems for households and companies, Spanish newspaper El Economista reported on Monday.
TELEFONICA TEF.MC
Telefonica has launched a restructuring and turnaround plan at its German unit O2 under new CEO Santiago Argelich Hesse to offset the revenue impact from rival 1&1's migration to Vodafone's network, with underlying growth expected to become visible from 2027, Spanish newspaper Expansion reported on Monday.
Separately, Telefonica is preparing a strategic plan aimed at returning to growth in Germany, one of its four core markets, as new CEO outlines the unit's next phase amid intense competition and debate over possible consolidation in the German telecom sector, Spanish newspaper Cinco Dias reported on Monday.
FERROVIAL FER.MC
Ferrovial said its energy unit will spin off its energy efficiency business into wholly-owned subsidiary Amber Eficiencia Energetica, transferring a standalone portfolio valued at €50.2 million and including 189 contracts with public and private sector clients, Spanish newspaper El Economista reported on Sunday.
MAPFRE MAP.MC
Mapfre expects political uncertainty in Brazil linked to October's general election to give way to post-election stabilisation, creating a more favourable environment for insurance distribution in one of the Spanish insurer’s key markets, Spanish newspaper Expansion reported on Sunday.
OHLA OHLA.MC
OHLA, in a consortium it leads with a 40% stake, alongside Sando, CHM and Altuna y Uria, won a €241.7 million contract from Adif for a high-speed rail section between Burgos and Alava, Spanish newspaper Cinco Dias reported on Monday.
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