€0.4 0.0 0.5%
Last Trade - 05/03/21
Market Cap | £5.22bn |
Enterprise Value | £29.94bn |
Revenue | £13.61bn |
Position in Universe | 53rd / 730 |
The following factors could affect Italian markets on Tuesday. 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 . GENERAL Italy reported 415 coronavirus-related deaths on Monday against 352 the day before, the health ministry said, while the daily tally of new infections decreased to 10,872 from 15,104, reflecting the customary decline in testing over the weekend. urn:newsml:reuters.com:*:nR1N2HO008 COMPANIES (*) ATLANTIA ATL.MI The collapse of a motorway bridge in Genoa in which 43 people died in 2018 was caused by a combination of factors, including insufficient maintenance, a report by technical advisers appointed by the judge in charge of the investigation said on Monday. urn:newsml:reuters.com:*:nL8N2J15GW The Italian infrastructure group said on Monday it had renewed a credit line of up to 900 million euros for its motorway unit Autostrade per l'Italia. urn:newsml:reuters.com:*:nL8N2J14YZ (*) The due diligence of Italy's state lender CDP on Autostrade per l'Italia assets showed a need for greater investments to guarantee the maintenance and operation of the Atlantia's unit, which could led to a valuation of the toll road operator lower than 8.5-9.5 billion euros previously thought, Il Messaggero reported. TELECOM ITALIA (TIM) TLIT.MI , TISCALI TIS.MI Italy's competition authority said on Monday it had opened an investigation into TIM's FiberCop last-mile network grid, describing the project as a strategic national project which required full transparency. As well as TIM, the probe would concern Fastweb, Teemo Bidco, FiberCop SpA, Tiscali Italia and KKR & Co. Inc. urn:newsml:reuters.com:*:nS8N2FY09J BANKS PwC said on Monday the market expected an inflow of fresh non performing exposures (NPEs) for Italian banks of between 60-100 billion euros in the next 24 months due to the pandemic. Net of potential mitigating factors, including public support measures, new NPEs could amount to 50-70 billion. However PwC said Italian banks were expected to offload between 30-40 billion euros of NPEs a year in the 2021-2023 period. UNICREDIT CRDI.MI Italy's no.2 bank said on Monday its board had approved the exit terms of CEO Jean Pierre Mustier who will be leaving without any severance payment nor any termination payments other than the mandatory termination payments, in line with commitments taken when he joined the bank. urn:newsml:reuters.com:*:nS8N2FY09G (*) POSTE PST.MI The fourth quarter results "will be affected by the new lockdown but to a lesser extent" than the previous ones, the state-controlled group's Chief Executive Matteo Del Fante told la Repubblica. In an interview with the Italian daily the CEO added that the group is ready to open two structures in China to deal with the Italian orders of goods from the country. MONTE DEI PASCHI BMPS.MI Fitch said on Monday it had revised its rating watch on the lender's B rating to 'negative' from 'evolving', following the capital erosion suffered by the bank due to the materialisation of some larger-than-anticipated legal risks and the impact of a spin-off of some assets and liabilities to State-owned bad loan manager AMCO. urn:newsml:reuters.com:*:nFit69zPCn BANCA IFIS IF.MI The Italian bank appointed Frederik Geertman to take over as chief executive starting in April after current CEO Luciano Colombini announced his intention to resign, according to a statement on Monday. urn:newsml:reuters.com:*:nL8N2J14UI ILLIMITY BANK ILTY.MI Ordinary and extraordinary shareholders' meeting (0900 GMT). (*) GIGLIO GROUP GGTV.MI The company successfully completed a share capital increase reserved to institutional investors and qualified shareholders at a price of 1.97 euros per share through an 'accelerated book building' procedure. urn:newsml:reuters.com:*:nFWN2J10SZ urn:newsml:reuters.com:*:nBIA4BhMY0 DIARY Rome, Prime Minister Giuseppe Conte meets delegation of LEU party on 'Recovery Fund' (1200 GMT). Rome, Chamber of Deputies examines 2021 budget law (0800 GMT), voting follows (from 1200 GMT). Rome, Invitalia CEO Domenico Arcuri speaks before Chamber of Deputies Industry Committee on ex-Ilva (1200 GMT). Web talk "Boosting Italy's potential" with Telecom Italia Vice Executive Chairman Alessandro Picardi (1630 GMT). ((Milan newsroom, +39 02 6612 9507, fax +39 02 801149, milan.newsroom@news.reuters.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/