A Busy Semester for Catalan Companies
The first semester of this year has been a period of great changes and challenges for the Catalan firms included in the Ibex-35. While some companies have managed to maintain upward courses, others have had to face significant turbulences that have altered their image in the eyes of investors.
Fluidra: A Sustainable Growth Model
Fluidra has positioned itself as an example of stability, with profits of 112 million euros in the first semester, an increase of 7.5% compared to 2023. Although sales were slightly reduced by 1.2% , the company has been optimistic, ensuring that expectations for 2024 remain intact.
Promotion of International Markets
The company has reported remarkable growth in North America, with a 4% increase in this segment. Fluidra expects to close the year with sales of between 2,025 and 2,125 million euros, thus strengthening its position in the global market.
Grífols: Between Positive and Critical Results
Unlike Fluidra, Grífols has experienced a more complicated semester. Its reputation has been tarnished by allegations from Gotham City Research, which have called into question its transparency and business ethics.
Reaction to Criticism
Although the company has experienced a growth of 7.5% in revenue, its net profit has been reduced to 36 million euros, a significant drop compared to the previous year. Executive chairman Thomas Glanzmann has defended the results, reiterating stable targets for 2024.
Puig: A Triumphant Debut on the Stock Exchange
The multinational Puig has marked an important milestone with its debut on the stock market in May this year, with an initial valuation of 13.92 billion euros. The shares started at 25.5 euros, with an increase of 4% in their debut.
Consolidation in the Cosmetics Sector
With sustained growth, Puig has recorded record net sales of 4,304 million euros in 2023, an increase of 19% compared to the previous year. This upward trajectory has allowed the company to double its net income in record time, positioning itself as an undisputed leader in Spain and beyond.
Reflections on the Business Future
As Catalan companies navigate an increasingly complex stock market environment, the experiences of Fluidra, Grífols and Puig offer a clear view of the challenges and opportunities that present themselves. The capacity for resilience and adaptation will be essential to ensure sustained growth in the coming years.