Italy - Factors to watch on July 30
Italy - Factors to watch on July 30 The following factors could affect Italian markets on Thursday
Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*).
POLITICS
Italy and the United States on Friday will sign off on a cooperation agreement on the so-called Pax Silica initiative on artificial intelligence supply chains, a statement from Rome's foreign ministry said on Wednesday.
DEBT
Treasury auctions 3 BTP bonds and a CCTeu note, with settlement on August 3, 2026.
COMPANIES
The following companies will 2026 Q2/H1 results: AMPLIFON AMPF.MI, A2A A2.MI, AZIMUT HOLDING AZMT.MI, BANCA MEDIOLANUM BMED.MI, BRUNELLO CUCINELLI BCU.MI, ENEL ENEI.MI, MAIRE MTCM.MI,
WEBUILD WBD.MI, TREVI TFI.MI
The construction group on Wednesday launched a voluntary public tender offer for all shares in the underground engineering company Trevi, offering €4.50 per share in cash, a 29.8% premium to Trevi's June 26 share price.
According to Webuild, the deal - competing with another takeover offer made on June 28 by ICOP ICOP.MI - could generate annual EBITDA synergies of about €80 million-90 million.
Webuild also said on Wednesday it expected 2026 revenues to exceed €13.6 billion, with core profit (EBITDA) exceeding €1.2 billion for the year.
(*) The group will hold a conference call at 0700 GMT.
(*) STELLANTIS STLAM.MI
The carmaker said on Thursday its operating income more than tripled in the second quarter, driven by strong revenue growth in North America, helping the automaker generate €1 billion ($1.15 billion) in industrial free cash flows.
FERRARI RACE.MI
The luxury sports car maker has hit its annual sales target for its first-ever electric vehicle on the back of strong demand from China, the Financial Times reported on Wednesday, citing people familiar with the matter.
The group holds a board meeting on the half-year report, followed by a conference call for the presentation of Q2 financial results at 1330 GMT.
PIRELLI PIRC.MI
The tyre maker said on Wednesday its operating income edged higher in the second quarter, as sales of higher-margin products more than offset the negative impact of foreign exchange rates and lower sales volumes.
(*) JP Morgan cut the tyremaker to 'neutral' from 'overweight'.
(*) PRYSMIAN PRY.MI
The cable maker raised its full-year profit forecast on Thursday, citing surging demand from data centre operators, after its second-quarter adjusted core profit beat market expectations.
(*) IVECO IVG.MI
The truck maker's posted on Thursday a 7.3% year-on-year rise in second-quarter revenues on higher European volumes, with the group seeing gradual recovery in profitability in the second half of the year. Iveco also said it expected the final clearance to Tata Motor's TATM.MS offer to be received by the end of August, with the bid to be launched in early September and closed by early November.
(*) PRYSMIAN, IVECO
Iveco said on Thursday its Chief Financial Officer Anna Tanganelli would leave the group after the completion of Tata Motors tender offer. Prysmian later said it appointed Tanganelli as CFO, and that she would join Prysmian on November 1.
(*) EDISON EDNn.MI
The utility, one of QatarEnergy's main gas customers in Europe, on Thursday cut its full-year earnings guidance for the second quarter in a row after first-half results were hit by disruptions linked to the Middle East crisis and a weak hydroelectric power generation.
BREMBO BRBI.MI
The premium brake maker on Wednesday raised its forecast for full-year revenue growth after quarterly results that Executive Chairman Matteo Tiraboschi described as better than expected, sending its shares up over 10%.
ENI ENI.MI
The energy group is negotiating new contracts for its oil and gas projects in Venezuela and expects fast development for the Junin 5 oilfield once investment restarts, CEO Claudio Descalzi said on Wednesday.
(*) The Caspian Pipeline Consortium, quoted by the Russian news agency Interfax, said on Thursday that it had suspended oil loadings following a drone attack on a tanker.
(*) INTESA SANPAOLO ISP.MI
Italy's biggest bank, raised its 2026 profit outlook on Wednesday and said it could comfortably beat the new target, but ruled out sweetening its bid for rival Monte dei Paschi di Siena (MPS) BMPS.MI.
(*) FINECO EBK.MI
The digital bank on Thursday reported a nearly 35% rise in its half-year net sales to €8.9 billion ($10.2 billion), boosted by strong new customer gains.
GENERALI GASI.MI
Fitch has confirmed the IFS rating at 'AA-' and the IDR rating at 'A+', with stable outlooks, the insurer said on Wednesday.
MONTE DEI PASCHI DI SIENA BMPS.MI
Chairman Cesare Bisoni, in a reply to a letter received from minority-list board members, confirmed there were no irregularities in the conduct of the Board of Directors and top management's activities, the bank said on Wednesday.
UNIPOL UNPI.MI
Extraordinary shareholders' meeting on the proposed delegation to the board to increase share capital by up to eur 2.5 billion.
CAMPARI CPRI.MI
The spirits group, known for the Aperol aperitif, on Wednesday raised its full-year operating profit expectations citing a €10 million benefit from a more favourable tariff environment.
TELECOM ITALIA TLIT.MI
The former phone monopoly reported second-quarter core earnings broadly in line with expectations on Wednesday, as growth in its Brazilian unit and enterprise division accompanied a return to growth in its domestic market.
FINCANTIERI FCT.MI
The shipbuilder said on Wednesday its first-half net profit had almost tripled from a year earlier and core profit rose 12.5%, pushed by organic growth in its high-margin underwater business.
THE ITALIAN SEA GROUP TISGR.MI
The yacht maker said on Wednesday that it would continue preparing its restructuring plan after a ruling by the Court of Florence concerning interim measures protecting suppliers.
For Italian market data and news, click on codes in
brackets:
20 biggest gainers (in percentage).............PG.MI
20 biggest losers (in percentage)..............PL.MI
FTSE IT allshare index .FTITLMS
FTSE Mib index........ .FTMIB
FTSE Allstars index... .FTSTAR
FTSE Mid Cap index.... .FTITMC
Stories on Italy...... IT-LEN
For pan-European market data and news, click on codes in
brackets:
European Equities speed guide...................EUR/EQUITY
FTSEurofirst 300 index...............................FTEU3
DJ STOXX index.......................................STOXX
Top 10 STOXX sectors............................PGL.STOXXS
Top 10 EUROSTOXX sectors.......................PGL.STOXXES
Top 10 Eurofirst 300 sectors....................PGL.FTEU3S
Top 25 European pct gainers........................PG.PEUR
Top 25 European pct losers.........................PL.PEUR
Main stock markets:
Dow Jones................DJI Wall Street report ......N
Nikkei 225..............N225 Tokyo report.............T
FTSE 100................FTSE London report............L
Xetra DAX..............GDAXI Frankfurt market stories.F
CAC-40..................FCHI Paris market stories....PA
World Indices.....................................0#.INDEX
Reuters survey of world bourse outlook.........EQUITYPOLL1
Western European IPO diary..........................WEUIPO
European Asset Allocation........................EUR/ASSET
Reuters News at a Glance: Equities...............TOP/EQE
Main currency report:...............................FRX/