ACS, Abengoa, Viscofan, Mediaset Espana: Spanish Equity Preview
The following companies may have unusual price changes in Spanish trading. Stock symbols are in parentheses and share prices are from the previous close.
The IBEX 35 Index (IBEX) climbed 0.8 percent to 10,474.40.
Abengoa SA (ABG) : Spain’s largest solar-thermal developer is scheduled to report first-quarter earnings before the market opens. The shares advanced 0.4 percent to 21 euros.
Actividades de Construccion y Servicios SA (ACS SM): Spain’s biggest construction company said first-quarter net income fell to 204 million euros from 297 million euros a year earlier. The shares climbed 0.3 percent to 33 euros.
Mediaset Espana (TL5 SM): Mediaset SpA, the broadcaster controlled by Italian Prime Minister Silvio Berlusconi, said first-quarter profit fell 26 percent on lower advertising sales in Italy. Mediaset controls Mediaset Espana, formerly known as Gestevision Telecinco SA. (TL5) The shares added 2.8 percent to 6.65 euros.
Natraceutical SA (NTC) : The Spanish caffeine producer’s first-quarter net income climbed 28 percent to 2.26 million euros from 1.76 million euros a year earlier. The shares increased 0.3 percent to 34.8 euro cents.
Viscofan SA (VIS) : The Spanish sausage casings maker said first-quarter net income climbed 15 percent to 21.89 million euros from 19 million euros a year earlier. The shares gained 0.8 percent to 29.97 euros.
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