Spanish stocks - Factors to watch on Nov 6
Nov 6 (Reuters) -The following Spanish stocks may be affected by newspaper reports and other factors on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy:
LOGISTA LOG.MC
Logista reported a full-year net profit of 308 million euros ($330.98 million), up 13.2% year-on-year, and proposed a final dividend of 1.53 euros per share to be paid in the first quarter 2025.
GESTAMP GEST.MC
The company reported late on Tuesday third quarter net profit of 21 million euros and updated 2024 guidance to reflect lower growth, lower operating leverage and lower free cash flow generation.
Separately, JPMorgan cut its target price to 2.90 euros from 3.20 euros.
ERCROS ECR.MC
Ercros reported 9-month net loss of 7.8 million euros
and expects a 2024 net loss at between 10 million euros and 8 million euros.
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