Italy - Factors to watch on July 29

Brembo NV

29/07/2025 05:00

The following factors could affect Italian markets on Tuesday.

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 June non-EU foreign trade data (0800 GMT).

DEBT

Treasury sells 6.5 billion euros 6-month BOT bills. Subscriptions close at 0900 GMT.

COMPANIES

STELLANTIS STLAM.MI

(*) The carmaker guided on Tuesday for increased net revenues and a low-single digit operating income margin in the second half despite increasing headwinds, as the automaker aims for a gradual recovery after a tough first half.

Conference call at 1200 GMT.

WEBUILD WDB.MI

The Italian government is expected to give the green light for a multibillion-euro bridge between Sicily and the mainland next week, paving the way for construction work to finally start on the long-awaited project, a source said on Monday. A consortium led by Italy's Webuild is responsible for the construction.

(*) ENEL ENEI.MI

Spanish power utility Endesa ELE.MC, owned by the Italian energy giant, posted on Tuesday a 30% increase in first-half net profit and warned that the proposed remuneration framework for power grids investments in Spain doesn't offer the right incentives.

(*) MEDIOBANCA MDBI.MI, MONTE DEI PASCHI BMPS.MI

Mediobanca's biggest investor, Delfin, will continue to assess Monte dei Paschi's "very interesting" offer for the merchant bank, the chairman of the holding said on Tuesday.

"Any possible adjustment in the bid which will reflect Mediobanca's market price would make the offer more attractive for investors," Francesco Milleri said in an interview with Italian daily Corriere della Sera.

(*) MEDIOBANCA, GENERALI GASI.MI BANCA GENERALI BGN.MI

Mediobanca's CEO and president have sent a letter in past days to top executives at Generali to urge a commitment, by August 6, for a potential distribution deal as part of the merchant bank's bid on Banca Generali, Il Sole 24 Ore reported on Tuesday.

(*) MEDIOBANCA

Two small Mediobanca investors, the Gavio and Lucchini families, part of the bank's shareholder pact, sold on Monday shares worth a total of 0.04% in the merchant bank, four filings showed.

BANCA GENERALI

Releases H1 results.

(*) BPER EMII.MI, POPOLARE SONDRIO BPSI.MI

BPER said on Monday that it secured 80.6% of Popolare di Sondrio tendered shares but conditions for the delisting of Pop Sondrio  have not been met and its shares will continue to be traded on the Milan bourse. BPER added that it now holds more than 66.67% of Pop Sondrio's capital, giving it sufficient voting rights to approve resolutions at extraordinary shareholders' meetings, including a potential merger.

(*) STMICROELECTRONICS STMPA.PA, STMMI.MI

The French-Italian chipmaker pledged it will not close any plants nor will it layoff staff in Italy and confirmed its planned investments at its Catania and Agrate Brianza production sites after a meeting with trade unions and regional authorities on Monday, Italian media reported.

BIALETTI BIA.MI

Investment vehicle NUO Capital, through Octagon Bidco, has reached 96.431% of the Italian coffee pot maker's share capital, Bialetti said on Monday in a statement adding that its shares will be delisted on August 7.

AMPLIFON AMPF.MI

Releases H1 results, followed by conference call (1630 GMT).

BREMBO BRBI.MI

Releases H1 results, followed by conference call (1230 GMT).

INWIT INWT.MI

Releases H1 results.

RECORDATI RECI.MI

Releases H1 results.

TERNA TRN.MI

Releases H1 results, followed by conference call (1600 GMT).

DIARY

Prime Minister Giorgia Meloni ends her visit to Ethiopia.

Assogestioni expected to release June fund flows data (0900 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/