Italy - Factors to watch on November 6

Brembo NV

06/11/2025 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.

ECONOMY

OECD releases October composite leading indicator data (1100 GMT).

COMPANIES

(*) STELLANTIS STLAM.MI

The Franco-Italian carmaker could renegotiate an offtake agreement with Australia's Alliance Nickel AXN.AX on reduced volumes, as it now expects to build fewer electric cars than planned, MF reported on Thursday, citing market sources. On Wednesday, Alliance Nickel shares were halted pending an announcement with Stellantis.

(*) BANCA MONTE DEI PASCHI DI SIENA BMPS.MI

The state-backed bank kicked off a long-winded procedure to amend its bylaws to allow the outgoing board to nominate successors, with the change intended to be used in April 2026 when current directors expire, Italian daily la Repubblica reported on Thursday.

(*) BPER EMII.MI

Italy's fourth-largest bank said on Thursday it expected 2025 revenue to reach around 6.4 billion euros after third-quarter net profit beat expectations, as it reaped the first benefits of its recent acquisition of regional peer Banca Popolare di Sondrio BPSI.MI.

Conference call at 0900 GMT.

MEDIOBANCA MDBI.MI

The Italian merchant bank on Wednesday reported an 11.8% yearly fall in quarterly net profit, hit by costs tied to its defence against Banca Monte dei Paschi's (MPS) takeover bid, despite steady revenues.

(*) DOVALUE DOVA.MI

The Italian debt collector said on Thursday it had strengthened its credit‑management partnership with BPER and signed a binding agreement to buy a 5.1% stake in leasing operator Alba Leasing, which has total assets of more than 5 billion euros, from Italy's fourth‑largest bank.

LEONARDO LDOF.MI

The defence company will exceed the financial goals it has set itself for the full year given the strong results achieved so far in 2025, Chief Executive Roberto Cingolani said on Wednesday.

The group is making progress in the talks for a partnership deal for its aerostructures unit, and still sees a deal being reached by year-end, CEO Roberto Cingolani told an analyst call.

(*) IVECO GROUP IVG.MI

The truck and bus maker on Thursday trimmed its 2025 adjusted core profit (EBIT) guidance to a range between 680 million euros and 730 million euros.

Conference call at 1000 GMT.

SNAM SRG.MI

The gas grid operator expects a decision from Germany's economy ministry by November 17 on its
planned acquisition
 of a minority stake in Open Grid Europe, the country's largest independent gas transmission operator, the Italian group's CFO said on Wednesday.

SAIPEM SPMI.MI

The British authority for competition and market (CMA) said on Wednesday it decided to
clear the merger
 between the Italian energy contractor and Norway's Subsea7 SUB.OL.

TELECOM ITALIA TLIT.MI

The Italian phone group on Wednesday reported a 5.3% rise in core earnings during the first nine months of the year and confirmed its earnings growth forecast of around 7% for 2025.

Conference call on Q3 results at 1000 GMT.

MFE-MEDIAFOREUROPE MFEB.MI

The Italian TV group is negotiating to buy no more than 33% of Portuguese media company Impresa IMPA.LS from the Balsemao family, Impresa said on Wednesday.

BANCA MEDIOLANUM BMED.MI

Releases Q3 results, followed by conference call (1530 GMT).

        BANCO BPM BAMI.MI

Releases Q3 results, followed by conference call (1700 GMT).

PIRELLI & C PIRC.MI

Releases Q3 results, followed by conference call (1730 GMT).

AZIMUT HOLDING AZMT.MI

Releases Q3 results.

BREMBO BRBI.MI

Releases Q3 results.

DIARY

Rome, representatives from ISTAT (0800 GMT), Bank of Italy (0930 GMT), state auditor (1030 GMT), Parliamentary Budget Office (UPB) President Lilia Cavallari (1130 GMT), Economy Minister Giancarlo Giorgetti (1300 GMT) address Senate and Chamber of Deputies Budget committees on 2026 budget.

((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/