A2A rises 4% as expectations mount on company's Q1 results
** Shares in Italy's A2A A2.MI rise 4%, touching their highest since January 15, over expectations for Q1 results fostered by confident comments by group CEO, a trader says
** The first quarter of the year was better than 2023 thanks to a colder weather and higher hydroelectric energy production due to more frequent rains, CEO Renato Mazzoncini said on April 24
** "We can say we are in a good mood", he added
** The value of share is a bit underestimated, the Milan-based trader says
** Shares on track for their best day since March 2023, when they closed 5.7 % higher
** A2A reports Q1 results on May 14
** Up to the Friday's close, shares were down 3.7% year-to-date
Reporting by Alberto Chiumento, Giancarlo Navach
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