Italy - Factors to watch on Sept. 12
12/09/2025 05:00
The following factors could affect Italian markets on Friday. 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 STELLANTIS STLAM.MI Increasing revenues from new models will be a key pillar of Stellantis' future strategy and a way to restore cash generation, new CEO Antonio Filosa said on Thursday as he started to sketch out the automaker's new business plan. The automaker is reintroducing models, including Jeep Cherokee and 8-cylinder RAM trucks, after dropping them proved to be one of the causes of the group's declining sales since 2024, Filosa said. (*) The CEO also said a final scenario with U.S. tariffs was getting clearer and the group would soon take actions based on that. (*) Combustion-engined cars "will remain on the (EU) market" beyond 2035, the head of the conservative European People's Party (EPP) in the European Parliament, Manfred Weber, said in an interview with La Stampa daily on Friday, backing proposals to water down the EU's automotive electrification plans. The EPP is the largest party in the EU assembly. (*) AVIO AVI.MI The Italian rocket maker approved a 400-million-euro ($468.96 million) capital increase plan on Thursday to finance expanded manufacturing capacity at a time of robust opportunities in the global space and defence industries. FERRAGAMO SFER.MI The Italian luxury group announced on Thursday that its Chief Financial Officer Pierre La Tour would leave the company on September 26, after one and a half years in the role, to pursue new professional opportunities. Paolo La Morgia, currently planning and control director, will be the new CFO on an interim basis, it added. MEDIOBANCA MDBI.MI, BANCA MONTE DEI PASCHI BMPS.MI S&P Global Ratings said on Thursday it had placed Mediobanca's 'BBB+' long-term credit rating on CreditWatch negative after Monte dei Paschi di Siena (MPS) secured 62% of the merchant bank in a takeover bid. BANCA IFIS IF.MI-ILLIMITY BANK ILTY.MI Squeeze-out procedure on illimity Bank shares ends. DIARY Milan, "Gastech Exhibition & Conference 2025" ends; on Saturday expected attendees include Environment and Energy Security Minister Gilberto Pichetto Fratin, Natural Gas Supply Association President and CEO Dena Wiggins. ((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/