Italy – Factors to watch on March 17

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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
.

POLITICS

Italy’s co-ruling League party said a European Central Bank
decision to raise interest rates was “detached from the real
economy”, adding that the recent hikes were weighing on the
banking system.

ECONOMY

ISTAT releases January foreign trade data (0900 GMT).

COMPANIES

ENEL

Italy’s biggest utility said its net profit came in at 5.4
billion euros ($5.7 billion) last year, down from 5.6 billion
euros reported in 2021, but better than the group’s updated
guidance range.

STELLANTIS

Carmaker starts a 500-million-euro first tranche of its
shares buyback programme on Friday. It will end by June 19.

ENI

The Italian energy group plans to launch a new
2.2-billion-euro shares buyback programme this year.

WEBUILD

Italy’s largest construction company expects its core profit
could grow by as much as 30% this year and roughly double at up
to 1.05 billion euros in 2025, under a new three-year plan
unveiled on Thursday.

A2A

The Italian regional utility submitted a non-binding bid to
buy a majority stake in smaller rival EGEA, valuing the entire
company between 560 million euros and 605 million euros.

INTERPUMP GROUP

Board meeting on FY results (Q4 results released on Feb.
15).

BANCA POPOLARE DI SONDRIO

Board meeting on FY results (FY results released on Feb. 7).

DIARY

Rome, news conference to present new championship “FIM ENEL
MotoE World Championship 2023” in presence and online; Enel
CEO Francesco Starace among attendees (1130 GMT).

Naples, “Feuromed, Euro-Mediterranean Economy Festival”
starts (0800 GMT); ends on March 18. Attendees include EU
Economy Commissioner Paolo Gentiloni, Terna CEO Stefano
Donnarumma, Iren CEO Gianni Vittorio Armani, A2A
CEO Renato Mazzoncini, Enel group Italian
Director Nicola Lanzetta, Lapo Pistelli from Eni (0930
GMT); Fincantieri CEO Pierroberto Folgiero, Webuild
CEO Pietro Salini, Open Fiber Chief Executive Mario
Rossetti (1400 GMT).

Rimini, Prime Minister Giorgia Meloni gives speech at trade
union CGIL 19th national congress (1100 GMT).

For Italian market data and news, click on codes in
brackets:

20 biggest gainers (in percentage)…………

20 biggest losers (in percentage)………….

FTSE IT allshare index

FTSE Mib index……..

FTSE Allstars index…

FTSE Mid Cap index….

Block trades……….

Stories on Italy…… <IT-LEN>

For pan-European market data and news, click on codes in
brackets:
European Equities speed guide……………….
FTSEurofirst 300 index…………………………
DJ STOXX index………………………………..
Top 10 STOXX sectors………………………
Top 10 EUROSTOXX sectors………………….
Top 10 Eurofirst 300 sectors……………….
Top 25 European pct gainers…………………..
Top 25 European pct losers……………………
Main stock markets:
Dow Jones…………… Wall Street report …..
Nikkei 225…………. Tokyo report…………
FTSE 100…………… London report………..
Xetra DAX…………. Frankfurt market stories
CAC-40…………….. Paris market stories…
World Indices……………………………….
Reuters survey of world bourse outlook………
Western European IPO diary……………………..
European Asset Allocation……………………
Reuters News at a Glance: Equities……………
Main currency report:………………………….

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