Italy - Factors to watch on March 18

Brembo NV

18/03/2026 05:00

The following factors could affect Italian markets on Wednesday.

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

Italy's Prime Minister Giorgia Meloni has turned to an unlikely platform in her push for a 'yes' vote in next week's justice referendum, joining an irreverent podcast hosted by a popular rapper in a bid to reach younger voters.

COMPANIES

(*) ENI ENI.MI

The Italian energy company said on Wednesday it had reached a final investment decision for the development of the Geng North and Gendalo-Gendang gas projects, located offshore in the Kutei Basin in Indonesia's East Kalimantan province, within the Makassar Strait.

STELLANTIS STLAM.MI

The Franco-Italian carmaker said on Tuesday that deliveries to clients of its new DS 7 SUV, which will be manufactured at the automaker's Melfi plant in southern Italy, would start in the fourth quarter of this year.

(*) PIRELLI PIRC.MI

The Italian tyremaker's CEO Andrea Casaluci said on Tuesday he was confident the government would a good solution regarding Pirelli's governance, in the company's interests, Italian news agency Radiocor reported.

A government decision on the matter is expected by April 15, newspapers La Stampa and Il Sole 24 Ore reported on Wednesday.

They said a decision is required soon because the U.S. has started mapping companies with significant Chinese shareholders, which will influence from which groups car producers buy components.

(*) FERRETTI YACHT.MI

Czech investment group KKCG - which in February launched an offer on the yacht maker to double its 14.5% stake -  on Tuesday reiterated in a statement that it considered its offer fair. It also expressed concerns over the impartiality of the group's board, appointed by Weichai Group of China, which controls Ferretti.

A2A.MI A2.MI, ERG ERG.MI

The Italian utility is not discussing a tie-up with renewables group Erg, its Chief Executive Renato Mazzoncini said on Tuesday, after a newspaper report last month raised the prospect of a deal.

ACEA ACE.MI

French waste and water group Suez said on Wednesday it had reduced its stake in the Italian utility to around 19% from 23% through an accelerated bookbuild offering (ABO).

(*) AMPLIFON AMPF.MI

S&P on Tuesday confirmed the hearing aid group's rating at 'BB+' with a stable outlook after the company's 2.3-billion-euro offer for the hearing business of Denmark's GN Store Nord GN.CO.

On Wednesday Jefferies cut Amplifon's rating to 'hold' from 'buy' and cut the target price to 8 euros from 16 euros. Barclays cut the company's rating to 'equal-weight' from 'overweight' and cut the target price to 10 euros from 16 euros.

INDUSTRIE DE NORA DNR.MI

(*) The electrode maker said on Wednesday it expects adjusted annual core profit margins in the 15%-19% range for the next 3-5 years. "We are preparing to face a demanding year, marked by new and complex challenges" CEO Paolo Dellacha said on in a statement.

Conference call on FY results and Mid Term View.

(*) BANCO DESIO DESI.MI

The slate of candidates for the Italian bank's board renewal drafted by majority shareholders is not expected to include Alessandro Decio, who has led the lender since April 2020, daily Il Sole 24 Ore reported on Wednesday.

It added that his name had been replaced with Vittorio Kuhn, former chief retail commercial banking officer at rival bank BPER EMII.MI.

RAI WAY RWAY.MI

Giampaolo Rossi, the chief executive of Italian state broadcaster RAI, which owns about 65% of the broadcasting tower operator, said on Tuesday any extension of talks on a possible merger with EI Towers would be announced when the current memorandum of understanding expires at the end of March.

BREMBO BRBI.MI

Releases FY results (preliminary FY results released on January 29) followed by conference call (1330 GMT).

((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/