Italy - Factors to watch on May 3

Autogrill SpA

03/05/2023 05:00

The following factors could affect Italian markets on Wednesday.
    Reuters has not verified the newspaper reports, and cannot
vouch for their accuracy. New items are marked with (*).
    
    For a complete list of diary events in Italy please click on
 IT/DIA .
    
    ECONOMY
    ISTAT releases March unemployment rate data (0800 GMT).
    
    COMPANIES
    STELLANTIS  STLAM.MI 
    The carmaker held a 34.05% stake in Italy's car market in
April according to Reuters calculations based on the data
provided by the transport ministry showed. Industry-wide car
sales rose 29.21% last month, the transport ministry said.
    Board meeting on Q1 results (deliveries and revenues),
followed by conference call (1200 GMT).
    
    CAMPARI  CPRI.MI  
    Campari expects demand to hold up in its main U.S. market
despite reports of weakness from some rivals, the Italian drinks
group said on Tuesday, as strong sales of its Aperol bitter and
tequila liquor in particular boosted first-quarter results.
    
    PIRELLI  PIRC.MI  
    The tyremaker said on Tuesday a shareholder agreement
governing the company expired last week. Its planned renewal
between investors Camfin and China's Sinochem will take effect
from the calling date of Pirelli's annual general meeting which
has been postponed to June 23 pending Rome's scrutiny of the
governance arrangements under golden power rules, the company
said.
    
    AUTOGRILL  AGL.MI 
    Dufry  DUFN.S  said on Tuesday it had extended the tender
period for its takeover offer on the Italian airport and
motorway caterer until May 18. 
    
    UNICREDIT  CRDI.MI 
    Releases Q1 results (before Bourse opening), followed by
conference call (0800 GMT).
    
    LOTTOMATICA  LTMC.MI 
    Italian gambling firm Lottomatica debuts on STAR segment;
listing ceremony (0645 GMT).
    
    ENEL  ENEI.MI 
    Board meeting on Q1 results, followed by conference call
(1600 GMT).
    Outgoing CEO Francesco Starace told la Repubblica newspaper
on Tuesday he would be ready to stay on for no more than a month
to help the transition towards a new management, and reiterated
he would not be available for another term as CEO. He said he
played no role in the presentation of a rival list nominated by
shareholder Covalis Capital and Covalis never asked him to be
its candidate for the CEO position.
    
    LEONARDO  LDOF.MI 
    Board meeting on Q1 results, followed by conference call
(1630 GMT).
    
    ARISTON GROUP  ARIS.MI 
    Board meeting on Q1 results, followed by conference call
(1300 GMT).
    
    MAIRE TECNIMONT  MTCM.MI 
    Board meeting on Q1 results, followed by conference call
(1530 GMT).
    
    SAFILO GROUP  SFLG.MI 
    Board meeting on Q1 results.
    
    SAIPEM  SPMI.MI 
    Annual general meeting (0900 GMT).
    
    TENARIS  TENR.MI 
    Annual general meeting (1400 GMT).
    
    MFE-MEDIAFOREUROPE NV  MFEB.MI 
    Merger with Mediaset Espana  TL5.MC  is effective as of
Wednesday.
    
    POSTE ITALIANE  PST.MI 
    Board meeting on Q1 results, press release on May 4.
    
    DIARY
        Rome, conference "Transport: at the heart of the
economy" in presence and online (0800 GMT); expected attendees
include Aeroporti di Roma (ADR) CEO Marco Troncone (0800 GMT);
Transport Minister Matteo Salvini (0815 GMT); Mundys Chairman
Giampiero Massolo (0825 GMT); ITA Airways CEO Fabio Lazzerini,
Boeing  BA.N  Italian unit and Southern Europe Managing Director
Angela Natale, Marco Troncone (0850 GMT).
    Rome, event in memory of Jean-Paul Fitoussi "Economy and
society in Europe" (0730 GMT); expected attendees include joint
stock companies association Assonime President Stefano Micossi,
illimity Bank  ILTY.MI  CEO Corrado Passera, European Investment
Bank (EIB) Vice President Gelsomina Vigliotti (via
videocnference) (0930 GMT); UniCredit  CRDI.MI  Chairman Pier
Carlo Padoan (1300 GMT).
    Naples, Environment Minister Gilberto Pichetto Fratin is
interviewed via videoconference at "Grid MED Symposiium" (0800
GMT).
    
    ((Milan newsroom, e-mail: reutersitaly@thomsonreuters.com))
    
    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 
    Block trades..........  .BLK.MI 
    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/