Italy - Factors to watch on May 7

Brembo NV

07/05/2026 05:00

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 (*).

For a complete list of diary events in Italy please click on IT/DIA.

POLITICS

A senior Vatican cardinal on Wednesday called U.S. President Donald Trump's disparaging attacks on Pope Leo over the Iran war "strange," a day before the U.S. Secretary of State is due to hold talks with the pope.

ECONOMY

OECD releases April composite leading indicator data (1000 GMT).

DEBT

Treasury announces sale of 12-month BOT bills, with relative amounts to be auctioned on May 12.

COMPANIES

TELECOM ITALIA (TIM) TLIT.MI

Pay-TV operator Sky is seeking up to 1.9 billion euros ($2.2 billion) in damages from Telecom Italia (TIM) and sports streaming platform DAZN, TIM said on Wednesday, confirming an earlier Reuters report.

Telecom Italia (TIM) posted a steeper than expected 2.7% drop in its core profit on Wednesday, partly due to issues related to the transition of some contracts with its virtual network operators. Conference call on Q1 results.

Telecom Italia said a full exit from its towers deal with Inwit INWT.MI could be achieved in around 10 years, slides released on Wednesday showed.

LEONARDO LDOF.MI

The Italian aerospace and defence group left its 2026 guidance unchanged on Wednesday, despite a 33% rise in first-quarter core earnings, as the outgoing CEO said any revision should be decided by the incoming management.

Annual general meeting at 0830 GMT.

CAMPARI CPRI.MI

The Italian spirits group said on Wednesday its organic revenues were up 2.9% in the first quarter, missing forecasts, and reported similar growth rates in its main markets of North America and Europe.

ENI ENI.MI

The Italian state-controlled energy group's shareholders on Wednesday approved the appointment of board members put forward by the government, paving the way for CEO Claudio Descalzi to serve a record fifth term at Eni.

ENEL ENEI.MI

Spanish power utility Endesa ELE.MC, owned by the Italian energy giant, on Wednesday confirmed its full-year profit guidance after posting a 24% rise in first-quarter net profit that beat market expectations.

Enel releases Q1 results, followed by conference call.

MEDIA FOR EUROPE (MFE) MFEB.MI

Italian Justice Minister Carlo Nordio said on Wednesday he would sue MFE's Italian unit Mediaset and one of its journalists for defamation.

BPER BANCA EMII.MI

Conference call on Q1 results (0800 GMT).

NEXI NEXII.MI

Conference call on Q1 results.

TENARIS TENR.MI

Conference call on Q1 results.

AZIMUT HOLDING AZMT.MI

Releases Q1 results.

BANCA MEDIOLANUM BMED.MI

Releases Q1 results.

BANCA MONTE DEI PASCHI DI SIENA BMPS.MI

Releases Q1 results.

FINECOBANK FBK.MI

Releases Q1 results, followed by conference call.

IVECO GROUP NV IVG.MI

Releases Q1 results.

MEDIOBANCA MDBI.MI

Releases Q1 results.

PIRELLI PIRC.MI

Releases Q1 results, followed by conference call.

POSTE ITALIANE PST.MI

Releases Q1 results, followed by conference call.

TERNA TRN.MI

Releases Q1 results.

BREMBO BRBI.MI

Releases Q1 results, followed by conference call (1230 GMT).

DIARY

Italian Prime Minister Giorgia Meloni meets Hungarian Prime Minister Peter Magyar (0800 GMT); Libyan Prime Minister Hamid Mohammed Dbeibeh (1000 GMT); Polish Prime Minister Donald Tusk (1330 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/