Large listed companies ranking: Ibex groups increase net debt by 2.4% up to June
Ibex groups increase their net debt by 4,450 million in the first half-year, to 191,329 million, which represents a 2.4% increase compared to the close of 2025. The increase is due, above all, to purchases, investments and dividends from Iberdrola, ArcelorMittal, Acciona and Aena.
Non-financial companies listed on the Ibex index increased their net debt by €4.45 billion in the first half of 2026, to €191.329 billion, due to acquisitions, investments, share buybacks, and dividend payments. Iberdrola, ArcelorMittal, Acciona, and Aena were responsible for most of the increase, adding €9.372 billion to their debt.
Despite this, some companies like Indra, Telefónica, and IAG reduced their debt, with Indra switching to a net cash position of €1.033 billion thanks to government advances for Defense Programs. Inditex has a net cash position of €10.796 billion.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.