Iren S.p.a.MIL: IRE

Italy - Factors to watch on March 2

· Issued by Iren S.p.a.

The following factors could affect Italian markets on Monday.

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 .

ECONOMY

Italy's Prime Minister Giorgia Meloni is poised for good news on Monday, when the national statistics agency is expected to certify that the budget deficit fell last year within the EU's 3% of gross domestic product ceiling for the first time since 2019.

February PMI manufacturing HCOB data (0845 GMT).

ISTAT releases year 2025 GDP, budget deficit and public debt data (0900 GMT).

February state sector borrowing requirement data.

DEBT

Treasury starts offer of six-year bonds 'BTP Valore' due March 10, 2032 for the retail market; ends on March 6, unless early closure.

COMPANIES

(*) LEONARDO MIL:LDO

Britain on Monday awarded a 1 billion pound ($1.35 billion)contract to the Italian defence contractor to build a new fleet of military helicopters, securing 3,300 jobs at the company's manufacturing site in Yeovil, southwest England.

UNICREDIT MIL:UCG

Italy's second-largest lender in January withdrew an appeal lodged with the European Union General Court against a European Central Bank request that it exit Russia, a document published on Friday showed.

CEO Andrea Orcel's maximum remuneration for 2026 will remain in line with 2025 at 16.4 million euros, including a base salary of 4.15 million euros and up to 11.8 million euros in variable compensation payable entirely in shares over eight years, according to the bank's documents.

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

Shares in Monte dei Paschi di Siena and merchant bank Mediobanca fell sharply on Friday after the Tuscan bank presented a multi-year strategy for the combined group, unsettling investors with a lack of detail on the terms of the full merger.

FINECOBANK MIL:FBK

The new strategy the Italian asset manager will unveil on March 4 will include guidance on the benefits of a greater use of artificial intelligence, Il Sole 24 Ore reported on Sunday.

PIRELLI MIL:PIRC

Italy is considering measures to curb Sinochem's influence in the Italian tyremaker, including sterilising the voting rights, transferring the Chinese stake to an Italian entity, or employing a blind trust, Il Sole 24 Ore daily reported on Saturday.

Meetings are expected in Rome in coming days, with Pirelli's top management set to participate, the newspaper added.

EDISON MIL:EDNR

France's EDF is moving ahead with a possible listing or sale of a stake in its Italian unit Edison, three sources with knowledge of the matter said, despite the regulatory uncertainty brought about by Italy's new energy-sector decree.

(*) ENI MIL:ENI

JP Morgan on Monday raised its rating on the Italian energy group to 'overweight' from 'underweight' and increased the target price to 22 euros from 17.5.

IREN MIL:IRE, ENI MIL:ENI, A2A MIL:A2A

Iren has appointed Rothschild and Intesa Sanpaolo's unit IMI to manage the sale of its portfolio of solar and wind power plants, Il Sole 24 Ore daily reported on Saturday, citing Mergermarket.

Eni's Plenitude, A2A, Dolomiti Energia and the Tuscan utility Plures could be in the running, the daily added. The assets have a total capacity of over 200 megawatts and the sale process is expected to begin in March.

(*) ITALGAS MIL:IG

The Italian gas distribution company said on Monday it had completed the divestment of four concession areas (ATEMs) as required by the country's competition authority, for 108.5 million euros ($127.28 million).

(*) ITALIAN SEA GROUP MIL:TISG

The Italian yachting and ship-making group said on Monday that, having incurred extra budget costs in meeting its orders, it would be rescheduling its budget approval timetable and was talking to unions, banks and other stakeholders about the situation.

It said it was conducting independent due diligence to assess the extent of the extra costs.

JUVENTUS MIL:JUVE, LAZIO MIL:SSL

Juventus scored a last-gasp equaliser to draw 3-3 away to Roma on Sunday, but remains four points adrift of the Champions League zone.

Lazio lost 2-0 to Torino in Turin on Sunday and is in 10th place in Serie A.

STELLANTIS MIL:STLAM

Transport Ministry releases February car sales data (1700 GMT).

LOTTOMATICA MIL:LTMC

Releases FY results.

DIARY

Rome, Foreign Minister Antonio Tajani addresses Senate foreign affairs committee on the Iran crisis (1400 GMT)

Rome, Industry Ministry convenes meeting on financial crisis of the fashion group Aeffe MIL:AEF.

Rome, event "Humanising the energy trilemma: territories, flexibility and infrastructure for energy security" (1400 GMT); expected attendees include Environment and Energy Security Deputy Minister Vannia Gava, Foreign Minister Antonio Tajani, Iren Group MIL:IRE CEO Gianluca Bufi, Hera Group MIL:HER Chairman Cristian Fabbri.

Milan, "Milano Moda Donna Fall/Winter 2026/2027" fashion shows end.

((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:

($1 = 0.8524 euros)

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