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Financial markets, PSI-20 performance, and investment news in Portugal.
Portugal's Week Ahead 11-17 May 2026 — Wednesday's IGCP €1.5 Billion OT Auction and Mota-Engil Q1, Trabalho XXI Walks Into Parliament, Fátima's 109th-Anniversary Pilgrimage, and the Bolsa's Final Q1 Earnings Wave

Portugal's Week Ahead 11-17 May 2026 — Wednesday's IGCP €1.5 Billion OT Auction and Mota-Engil Q1, Trabalho XXI Walks Into Parliament, Fátima's 109th-Anniversary Pilgrimage, and the Bolsa's Final Q1 Earnings Wave

Portugal's working week of 11-17 May 2026 packs the IGCP €1.5 billion OT auction and Mota-Engil Q1 on Wednesday, the Trabalho XXI anteprojeto walking into Parliament, the 109th-anniversary Fátima 12-13 May pilgrimage, and the United Newark-Faro restart on Friday.
The Portugal Brief
Mota-Engil Q1 2026 Earnings Land Wednesday 13 May — Preview Reads the €113.5 Million Linha do Minho Win Into the Hopper, the €5+ Billion Africa Backlog and the Latin-America FX Cushion as the Q1 2025 €40 Million Net-Profit Base Sets the Tape

Mota-Engil Q1 2026 Earnings Land Wednesday 13 May — Preview Reads the €113.5 Million Linha do Minho Win Into the Hopper, the €5+ Billion Africa Backlog and the Latin-America FX Cushion as the Q1 2025 €40 Million Net-Profit Base Sets the Tape

Mota-Engil reports Q1 2026 after market close Wednesday 13 May. The 8 May €113.5M Linha do Minho win lands in Q2 backlog; the Q1 print frames the 2025 €40M base, the €15-16B order book, the Africa EBITDA-margin trajectory and the Mozambique LNG mobilisation read.
The Portugal Brief
Lisbon rooftops with the 25 de Abril bridge across the Tagus in the distance

Caixa Geral de Depósitos Q1 2026 Net Profit Edges 1% to €397 Million — Paulo Macedo Books a €1.25 Billion Dividend, the Largest in Portuguese Banking History, and Sets 3 June as the Binding-Bid Deadline for the Brazilian Subsidiary

CGD Q1 2026 net profit was €397 million (+1%). The headline event is the €1.25 billion dividend to the Treasury — the largest from any Portuguese bank in history. Macedo set 3 June as the binding-bid deadline for the Brazilian subsidiary (Nubank, Garantia, MD Capital, Sputnik in the room).
The Portugal Brief
Worx WOutlook Q1 2026 Books €915 Million in Portuguese Commercial Real Estate — Hotelaria Pulls 39% on the Penha Longa Sale, Retalho 37% on the Arrábida-Gaia Sonae Sierra Carve-Out, and the Full-Year Forecast Walks Up to €2.8–3 Billion

Worx WOutlook Q1 2026 Books €915 Million in Portuguese Commercial Real Estate — Hotelaria Pulls 39% on the Penha Longa Sale, Retalho 37% on the Arrábida-Gaia Sonae Sierra Carve-Out, and the Full-Year Forecast Walks Up to €2.8–3 Billion

Worx WOutlook Q1 2026 puts Portuguese commercial real-estate investment at €915M — 39% hotel, 37% retail. The Penha Longa sale to L Catterton/Cedar and the Arrábida-Gaia carve-out drive the print; full-year forecast walks to €2.8–3bn.
The Portugal Brief