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Acciona, Acciona Energia up on H1 beat, portfolio sale



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** Shares of both Acciona ANA.MC and its unit Acciona Energia ANE.MC are up 4.5%, topping Spanish blue chip index Ibex 35 .IBEX on H1 beat, portfolio sale

** Acciona reported H1 net profit of 116 million euros ($125.57 million) and revenue of 8.8 bln euros vs LSEG analyst forecasts of 46 mln euros and 7.5 bln euros respectively

** Barclays says that non-energy activities and Nordex were stronger-than-expected and contributed to a beat at holding level, despite Acciona Energia miss at EBITDA level

** Acciona Energia also reported H1 results and said it had sold a hydroelectric portfolio for 287 million euros

** J.P. Morgan sees the asset disposal as "attractive" and expects the shares of Acciona Energia to be strong

** The broker says the disposal should more than offset a weak set of H1 numbers

** Barclays notes that "good price" for the hydro assets should also contribute to a positive reaction in the share price of Acciona

** Shares of Acciona, Acciona Energia on track for a best day since May 30



($1 = 0.9238 euros)



Reporting by Joanna Jonczyk-Gwizdala

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