Historic Results for Spanish Business: Ibex 35 Companies Earn 65 Billion Euros

The Spanish economy concluded 2025 with results that surprised even the most optimistic analysts. The total net profit generated by non-financial enterprises reached a ceiling of 71.118 billion euros, a result unprecedented in the country's history. Particular attention is drawn to the condition of the companies comprising the main Ibex 35 index, which alone generated a staggering 65 billion euros in net profit. The symbol of this bull market became the company Acciona, whose net profit soared by 90.4%, leading to a sharp 16% increase in its share price in a single trading session. An equally spectacular success was recorded by Prosegur, noting a profit increase of nearly 53% to a level of 119 million euros. Since the Eurozone debt crisis in 2012, Spanish enterprises have undergone a radical transformation, focusing on foreign expansion, which allowed them to become independent of fluctuations in domestic demand. The situation in the transport sector is more complex. The IAG holding, owner of Iberia and British Airways, beat market profit estimates, despite a drop in passenger numbers. Iberia itself achieved a record operating profit, growing by 27% year-on-year. Nevertheless, the financial successes coincided with the announcement of ERE plans at Iberia. The aviation group's management argues that, despite profits, a transformation of job profiles and voluntary departures of cabin and ground staff are necessary, which is meeting resistance from trade unions. „Vamos a necesitar una transformación de los perfiles.” (We will need a transformation of the profiles.) — IAG Spokesperson The record results are overshadowed by the problems of the railway rolling stock manufacturer Talgo. The company recorded a loss of 100 million euros, stemming mainly from problematic and delayed contracts in Germany and the USA. Nevertheless, the management sees positive signals, pointing to a reduction in losses of nearly 7% compared to the previous year and a solid order portfolio. At the opposite pole is the food industry, represented by Deoleo, which strengthened its position in the markets of India and the USA. Importantly, the record profits of corporations contrast with the stable, but not growing, purchasing power of families, whose deposits remain at a level of 1.1 trillion euros, sparking a debate about the fair distribution of the fruits of economic growth. Historically, the Spanish labor market has been characterized by high structural unemployment, but the current wave of record profits coupled with job reductions in selected sectors is a new phenomenon in its economy.

Perspektywy mediów: Emphasizes the need for employment transformation at Iberia and praises the record results of Ibex 35 as proof of the strength of Spanish capitalism. Draws attention to the disparity between record corporate profits and planned collective dismissals and the cost of living.