Italy - Factors to watch on April 30
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.
POLITICS
Energy ministers from the Group of Seven (G7) major democracies reached a deal to shut down their coal-fired power plants by 2035 at the latest, in a significant step towards the transition away from fossil fuels.
Italy and France on Monday signed a letter of intent to create a joint industrial hub for ground defence involving companies from both countries, an Italian defence ministry statement said, looking to boost the European defence industry.
ECONOMY
ISTAT releases Q1 GDP flash data (0800 GMT); April CPI flash data (0900 GMT); Q1 wage inflation data (1000 GMT).
COMPANIES
STELLANTIS STLAM.MI
(*) The automaker said on Tuesday its revenue fell 12% in the first quarter of the year on lower volumes, unfavourable product mix and foreign exchange dynamics, partially balanced by "firm" pricing power.
(*) Production at three Stellantis assembly plants in Europe will restart in the first days of May, a spokesman said on Tuesday, after the automaker found alternative solutions for the sourcing of parts.
Conference call on Q1 results (1200 GMT).
TELECOM ITALIA TLIT.MI
(*) The CEO of the Italian phone group's leading shareholder Vivendi VIV.PA, Arnaud de Puyfontaine, said in a shareholders' meeting on Monday that his company is looking to divest from Telecom Italia.
"We want to find the conditions to write a new chapter in Italy, but no longer with Telecom. I hope to be able to tell you next year that the matter is closed," de Puyfontaine was quoted as saying by the Il Sole 24 Ore newspaper.
A Milan court has cancelled the seizure of 250 million euros ($268 million) from Telecom Italia previously ordered by prosecutors in a case over alleged fraud through the unauthorised activation of services to customers, a court document showed.
PRYSMIAN PRY.MI
Valerio Battista, who stepped down as CEO this month, will receive termination payments equal to 24 months of base salary (2.2 million euros), which will be paid in May 2024, the company said.
Battista also maintains the right to a prorated number of shares at the end of the three-year performance period for the 2023-25 Long-term Incentive Plan, subject to the achievement of the predetermined performance conditions for the plan.
(*) LOTTOMATICA LTMC.MI
The Italian gambling firm upgraded its full-year adjusted core profit (EBITDA) guidance to a range of 680-700 million euros ($728-$749 million) on Tuesday citing completion of its acquisition of online betting provider SKS365.
AMPLIFON AMPF.MI
Extraordinary shareholders' meeting (1200 GMT).
(*) DANIELI DANI.MI
The Italian foundry equipment and steel maker said on Monday that its Chairman Gianpietro Benedetti passed away on April 28 at the age of 81.
HERA HRA.MI
Annual and extraordinaryshareholders' meetings (0800 GMT).
NEXI NEXII.MI
Annual and extraordinary shareholders' meetings (0800 GMT).
TENARIS TENR.MI
Annual and extraordinary shareholders' meetings (1300 GMT).
DIARY
Rome, Cabinet meeting chaired by Prime Minister Giorgia Meloni (0930 GMT).
Rome, Industry Ministry hosts meeting with trade unions, Industry Minister Adolfo Urso and Undersecretary Fausta Bergamotto (1600 GMT).
Rome, conference "Outdoor Advertising - Taxation, Urban Decorum and Digital Transition" (0930 GMT); expected attendees include road maintenance agency ANAS CEO Aldo Isi, Economy Undersecretary Sandra Savino.
Turin, G7 'Climate, energy and environment' ministerial meeting ends.
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/
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