Acciona, Acciona Energia fall as challenges remain after H1 results

Corporacion Acciona Energias Renovables SA

29/07/2025 09:39

** Shares of both Acciona ANA.MC and its unit Acciona Energia ANE.MC fall 2% and 3%, respectively, as challenges remain after H1 results

** J.P. Morgan expects the shares of Acciona Energia to be 'slightly weak'

** The broker says that the company's H1 results reflect ongoing challenges in net cash generation

** The lack of comments regarding the free float during the earnings call may prompt some investors to take profits in the short term, the brokerage adds

** JPM notes that while the asset sale by Acciona Energia is positive, it was a well-anticipated move

** Acciona also posted H1 results late on Monday with net profit at 526 million euros  ($608.27 million) and confirmed 2025 guidance

** Sabadell adds that following Acciona's and Acciona Energia's strong performance in 2025 (+36% and +14% vs IBEX, respectively), they do not see sufficient levers in the short term to increase estimates

** Acciona and Acciona Energia are among the worst performers on the Spanish blue chip index Ibex 35 .IBE

($1 = 0.8648 euros)

 (Reporting by Joanna Jonczyk-Gwizdala)

 ((joanna.jonczyk@tr.com))