Italy - Factors to watch on October 30

Davide Campari Milano NV

30/10/2025 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.

POLITICS

Italy has told the European Commission it is ready to make some changes to its so-called "golden power" rules aimed at shielding companies in strategic sectors, sources said, as the EU prepares disciplinary steps over the matter.

     (*) Italy's Court of Auditors on Wednesday refused to authorise a landmark government plan to build a bridge connecting Sicily to the mainland, casting serious doubt on the viability of the 13.5 billion euro ($15.7 billion) project.

ECONOMY

ISTAT releases Q3 GDP preliminary data (0900 GMT); September unemployment rate flash data (1000 GMT); August industry sales data (1100 GMT).

DEBT

Treasury sells 4.0-4.5 billion euros 3.45% new BTP bonds due February 1, 2036; 2.5-3.0 billion euros 2.85% BTP bonds due February 1, 2031; 0.75-1.0 billion euros CCTeu bonds due October 15, 2031; 0.75-1.0 billion euros CCTeu bonds due April 15, 2032. Subscriptions close at 1000 GMT.

COMPANIES

(*) STELLANTIS STLAM.MI

The automaker said on Thursday its revenue rose 13% year on year in the third quarter to 37.2 billion euros ($43.4 billion), mostly driven by its North American and European markets, its largest ones. The result is in line with an analyst consensus.

Conference call at 1200 GMT.

(*) ITALGAS IG.MI

Europe's largest gas distributor pledged on Thursday to invest 16.5 billion euros ($19 billion) in the next seven years as it focuses on the integration of recently acquired rival 2i Rete Gas and the modernisation of its network.

Conference call at 1300 GMT.

(*) UNICREDIT CRDI.MI

The Italian bank said on Thursday it had increased its stake in Alpha Bank ACBr.AT to 29.5% after receiving ECB authorization to acquire a direct stake of up to 29.9% in the Greek lender.

(*) TENARIS TENR.MI

The steel pipe maker posted a surprise 2% rise in third-quarter net sales on Wednesday, as stable drilling activity in North America helped offset weakness in other regions, it but warned margins would be hit by the "full impact" of tariff costs.

Conference call at 1400 GMT.

(*) PRYSMIAN PRY.MI

The cable maker raised its 2025 guidance on Thursday after strong performances in its transmission business and North America drove a 19.3% jump in quarterly core earnings.

Conference calls with the press at 0730 GMT and with analysts at 0900 GMT.

(*) EDISON EDNn.MI

The Italian energy company said on Thursday it had posted a 37% decline in its net profit to 251 million euros in the first 9 months of the year.

DAVIDE CAMPARI CPRI.MI

The Italian spirits maker said on Wednesday comparable net sales rose 4.4% in the third quarter, while confirming its previous full-year guidance and reducing its forecast for the impact of U.S. tariffs.

(*) JP Morgan on Thursday raised its rating to "neutral" from  "underweight" and increased the target price to 6 euros from 5.

(*) WEBUILD WBD.MI

     Italy's Court of Auditors on Wednesday refused to authorise a landmark government plan to build a bridge connecting Sicily to the mainland. The contract for project had been awarded to the Eurolink consortium following an international tender some 20 years ago. Led by Italy's Webuild, it includes Spanish group Sacyr SCYR.MC and Japan's IHI 7013.T.

(*) IREN IREE.MI

Kepler Cheuvreux cut its rating to "hold" from "buy" on Thursday.

IVECO IVG.MI

Iveco Bus signed agreements with Ile-de-France Mobilites to supply up to 4,000 vehicles.

(*) AVIO AVI.MI

The board is expected to meet on Thursday to set the price for the planned 400-million-euro capital increase which is scheduled to start on Nov 3, the Italian rocket maker said.

(*) JUVENTUS JUVE.MI

The Turin club won 3-1 at home to Udinese on Wednesday, putting them in seventh place in Serie A with 15 points from nine games.

DIARY

Florence, ECB Governing Council ends two-day Governing Council meeting; followed by news conference by President Christine Lagarde (1245 GMT).

Rome, state lender Cassa Depositi e Prestiti (CDP) and Poste Italiane PST.MI celebrate 150th anniversary of the founding of 'Postal Savings' (1000 GMT); expected attendees include President Sergio Mattarella, Economy Minister Giancarlo Giorgetti.

Rome, event "Climate, diplomacy, finance, development: Italy facing the challenge of COP30" (1230 GMT); expected attendees include Environment and Energy Security Minister Gilberto Pichetto Fratin, U.N. Task Force on the debt crisis Co-Chairman Paolo Gentiloni.

Rome, Infrastructure and Transport Minister Matteo Salvini delivers closing address at event dedicated to the Strait of Messina bridge: "A bridge for growth".

Palermo, Leonardo LDOF.MI Chairman Stefano Pontecorvo attends 3rd edition "Act Tank Sicilia".

((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/