Italy - Factors to watch on May 14

Hera SpA

14/05/2025 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.

COMPANIES

UNICREDIT CRDI.MI, BANCO BPM BAMI.MI

An initial, procedural meeting between UniCredit and government officials in charge of 'golden powers' is due to take place on May 15, sources told Reuters on Tuesday. UniCredit has raised objections to the government's decision to impose conditions to the Banco BPM deal.

STELLANTIS STLAM.MI

The Franco-Italian carmaker will next month update a plan to revive its vehicle production in Italy it presented at the end of last year, the automaker's chief of European operations said on Tuesday.

Stellantis has suspended a contested plan to overhaul the legal structures of its dealership network in Europe, its chief for the region said on Tuesday, as the carmaker also prepares to update a plan to revive vehicle production in Italy.

TELECOM ITALIA (TIM) TLIT.MI

Italy's biggest phone group is considering adding insurance, digital payments and energy to its business as described in its bylaws ahead of expanding the offering of those services, two sources told Reuters on Tuesday.

MFE-MEDIAFOREUROPE MFEB.MI

The TV broadcaster controlled by Berlusconi family will press ahead with plans to strengthen its role as leading investor in ProSiebenSat.1 PSMGn.DE, a source close to the company said on Tuesday, after Czech investment group PPF said it would raise its stake in the German broadcaster.

(*) The La Stampa and Il Giornale newspapers reported on Wednesday that MFE is considering raising its offer for ProSiebenSat.1.

(*) PRYSMIAN PRY.MI

The board has approved the potential issuance of perpetual subordinated securities of up to 1 billion euros ($1.12 billion) to fund its acquisition of U.S. connectivity device manufacturer Channell, the company said on Wednesday.

INDUSTRIE DE NORA DNR.MI

(*) The Italian electrochemical group posted on Wednesday an 8.2% rise in its first-quarter adjusted core profit (EBITDA), that came in at 39.4 million euros ($44.09 million).

Conference call on Q1 results (0700 GMT).

ENI ENI.MI

Annual and extraordinary shareholders' meetings (0800 GMT).

SNAM SRG.MI

Annual general meeting (0800 GMT).

INWIT INWT.MI

(*) General Manager Diego Galli said in an interview with Wednesday's Il Messaggero that the company is focused on its core business but also looking "at adjacent sectors" for growth, when asked about possible deals with Rai Way RWAY.MI and EI Towers, which is 40% owned by MFE-MediaforEurope MFEB.MI.

Conference call on Q1 results (0830 GMT).

(*) JUVENTUS JUVE.MI

The Turin soccer club said on Tuesday that Stellantis STLAM.MI brand Jeep will pay 69 million euros ($77.16 million) to become its front-of-jersey sponsor until June 2028.

FINCANTIERI FCT.MI

Annual and extraordinary shareholders' meetings (0900 GMT).

SALVATORE FERRAGAMO SFER.MI

Releases Q1 results, followed by conference call (1600 GMT).

PIRELLI PIRC.MI

Releases Q1 results, followed by conference call (1630 GMT).

HERA HRA.MI

Releases Q1 results, followed by conference call.

DIARY

Foreign Minister Antonio Tajani attends NATO Foreign ministers informal meeting in Antalya, Turkey (to May 15).

Economy Minister Giancarlo Giorgetti attends "BERS Annual meeting" in London (1300 GMT).

Rome, Chamber of Deputies holds 'question time' session with Prime Minister Giorgia Meloni (1400 GMT).

Rome, Industry Minister Adolfo Urso addresses Chamber of Deputies on the consequences of tariffs (1000 GMT).

Rome, Cabinet meeting (1545 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/

($1 = 0.8940 euros)