Banco Bpm SpaMIL: BAMI

Italy - Factors to watch on February 18

· Issued by Banco Bpm Spa

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 .

POLITICS

Italy's opposition groups criticised a government plan to attend the inaugural meeting of U.S. President Donald Trump's Board of Peace this week, saying on Tuesday that the body undermined the United Nations and ran counter to international law.

ECONOMY

Italian banks should help the government fund a package of measures aimed at cutting energy bills, Deputy Prime Minister Matteo Salvini said on Tuesday.

COMPANIES

BANCA MONTE DEI PASCHI DI SIENA MIL:BMPS, MEDIOBANCA MIL:MB

The Italian lender will take full control of Mediobanca and delist it while preserving its brand, ending weeks of uncertainty over the future of the merchant bank.

(*) ENI MIL:ENI

The Italian energy major is weighing a return to oil and gas trading as it seeks the outsized returns enjoyed by BP LSE:BP., Shell LSE:SHEL and TotalEnergies EURONEXT:TTE as geopolitical tensions fuel energy price volatility, CEO Claudio Descalzi told the Financial Times in an interview published on Wednesday.

BANCO BPM MIL:BAMI

The European Central Bank has given its green light to proposed changes to Banco BPM's bylaws, the Italian lender said on Tuesday, a decision that will increase the number of seats reserved for minority shareholders and could potentially strengthen the presence of France's Crédit Agricole EURONEXT:ACA on Banco BPM's board.

(*) Credit Agricole, Banco BPM's largest shareholder with a 20.1% stake, has decided to put forward its own minority slate of board candidates, daily Il Messaggero reported on Wednesday, adding that the Italian asset manager association Assogestioni may also submit its own list.

(*) EDISON MIL:EDNR

The Italian unit of French nuclear operator EDF aims to lift its core earnings to 1.7-1.9 billion euros by 2030 as it rolls out renewables and develops green gases, the utility said on Wednesday. It reported a 2025 core profit of 1.31 billion euros ($1.55 billion), down from 1.71 billion euros in 2024 but in line with its guidance.

A conference call on full-year results is scheduled for 0800 GMT.

(*) SNAM MIL:SRG

Goldman Sachs on Wednesday raised the gas grid operator's rating to 'buy' from 'neutral'.

RECORDATI MIL:REC

The Italian drug maker forecasted on Tuesday a 2026 core profit (EBITDA) between 995 million euros and 1.03 billion euros ($1.18-1.22 billion), after its 2025 results were boosted by its rare diseases segment.

Conference call on preliminary FY results at 1300 GMT.

JUVENTUS MIL:JUVE

Galatasaray secured a commanding 5-2 victory over 10-man Juventus in the first leg of their Champions League playoff on Tuesday.

BRUNELLO CUCINELLI MIL:BC

Releases full year results - preliminary results released on January 12 - followed by conference call at 1700 GMT.

DIARY

Rome, ECB board member Piero Cipollone attends banking association ABI Executive Committee meeting (0900 GMT).

((Milan newsroom, e-mail: ))

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 FTSE:ITLMS

  • FTSE Mib index
  • .FTMIB

FTSE Allstars index... FTSE:ITSTAR

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 indexFTSE:E3X DJ STOXX indexTVC:SXXP 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 JonesDJ:DJI Wall Street report Nikkei 225TVC:NI225 Tokyo report FTSE 100CURRENCYCOM:UK100 London report Xetra DAXXETR:DAX Frankfurt market stories CAC-40EURONEXT:PX1 Paris market stories World Indices(0#.INDEX) Reuters survey of world bourse outlook(EQUITYPOLL1) Western European IPO diary(WEUIPO) European Asset Allocation Reuters News at a Glance: Equities Main currency report: