Milan maglia rosa; Saipem leads the Mib

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(Alliance News) – On Friday, Milan closed the week as the best performer among the European charts, closing above 26,400.

“While the American markets rose this week, the European markets fell. The enthusiasm of the beginning of the year seems to have given way to some caution in view of the triple meeting of the central bank of the week coming and the prospects that will be drawn up by the Federal Reserve, the ECB and the Bank of England and, most importantly, how many more rate increases we expect after next week,” commented Michael Hewson , chief market analyst at CMC Markets.

“After yesterday’s strong rally, US markets initially opened lower after the latest economic data showed a consumer retreat, and personal spending slowed in November and December. The losses proved temporary after the latest University of Michigan Survey of inflation expectations showed a softening in the outlook for both the one-year and five- to 10-year levels, falling to 3.9 percent and 2.9 in -one hundred, respectively.”

Therefore, the FTSE Mib closes by 0.8 percent to 26,435.75, the Mid-Cap up 0.5 percent to 43,450.33, the Small Cap rises 0.3 percent to 29,680.23, and Italy Growth gains 0.4 in hundred for 9,644.74.

In Europe, London’s FTSE 100 is up 0.1 percent at 7,765.15, Paris’ CAC 40 is fractionally in the red at 7,093.77 and Frankfurt’s DAX 40 is up 0.1 percent for 15,143.09.

On the main list in Piazza Affari, Saipem closes on top with an increase of 4.3 percent. Fashion also does well, with Moncler following with an increase of 2.7 percent.

STMicroelectronics takes the podium and rises 2.4 percent, the day after the release of preliminary data on revenue and earnings for the last fiscal year and the last quarter, and sees all indicators increase in ‘double digits.

Net income rose 24 percent year-on-year in the fourth quarter, to USD4.24 billion from USD3.56 billion in the same period a year earlier, while, for the full year, it improved by 26 percent to USD16.13 billion from USD12.76 billion a year earlier. Net income, up 66 percent in the quarter, to USD1.25 billion from USD750 million — with post-diluted operating profit to USD1.32 from USD0.82 — while, in the full year, it increased 98 percent to USD3. 96 billion from USD2.00 billion, with earnings per share after dilution increasing to USD4.19 from USD2.16.

Pirelli, on the other hand, is at the bottom marking a decrease of 1.4 percent, preceded by Telecom Italia, a decrease of 0.6 percent.

In the cadet segment, Safilo gives up 8.7 percent to EUR1.45. The board of directors said it reviewed some of the key preliminary figures for fiscal 2022, reporting revenue of EUR1.07 billion, 11 percent from EUR969.6 million in the same period last year. In the fourth quarter of the year, preliminary net sales amount to EUR245.4 million, an increase of 5.7 percent from EUR232.2 million in the fourth quarter of 2021.

Piaggio, on the other hand, rises 3.6 percent. The Vespa company released preliminary figures for the 2022 fiscal year on Thursday, reporting consolidated revenue to December 31 of EUR 2.09 billion, up 25 percent from the EUR 1.67 billion reported for all of 2021 .

The board of directors of Salvatore Ferragamo – in the green by 1.9 percent – announced on Thursday that it reported revenue of the fiscal year 2022 amounting to EUR 1.25 billion from EUR 1.13 billion in the same period of the year that passed.

De’ Longhi is down 2.6 percent after reporting consolidated FY2022 revenue of EUR3.16 billion on Thursday, down 2.0 percent from FY2021 and 5.9 percent at constant exchange rates.

In the fourth quarter, the company specified in a note, revenue was around EUR1.03 billion, a decrease of 4.0% – or 7.0% at constant exchange rates – compared to the same period in -2021.

On the Small-Cap, Caleffi closed in the green with 0.5 percent, after announcing on Friday that its board of directors decided to buy from Giuliana Caleffi the 30 percent of the share capital that remains of its subsidiary Mirabello Carrara, a company that specializes in the production, purchase and sale of home textiles under its own brands and under license from authoritative fashion brands, and to sign the sales agreement and related purchases.

The transaction involves the sale of 30 percent of Mirabello’s share capital by Giuliana Caleffi to Caleffi for EUR1.5 million.

Emak ends up on the losing side with 5.6 percent, after announcing on Friday that it posted a consolidated income of EUR606.6 million for the fiscal year 2022 from EUR588.3 million in the same period of 2021 , which marks a growth of 3.1 percent.

Among SMEs, on the other hand, Fenix ​​Entertainment closes unchanged at EUR2.00 per share, after announcing that it has signed a preliminary partnership agreement with the technology company Epico Play aimed at creating of unreleased and exclusive audiovisual content mainly in the world of sports. entertainment.

Epico Play is a technology company that develops digital solutions and engaging editorial content in the world of sports and entertainment, and boasts among its roster of high-profile sports clubs and leagues.

The online travel agency Destination Italia and Portale Sardegna, which specializes in the upcoming tourism sector in destinations in Sardinia, Puglia, Sicily and the rest of Italy, both listed on Euronext Growth Milan, announced that their respective boards of directors, meeting today, approved the joint plan to merge Portale Sardegna into Destination Italia.

For Destination Italia, the increase in closures is 2.3 percent, while Portale Sardegna closes with 5.7 percent.

The ICF Group — in the green by 4.6 percent — on Thursday presented its preliminary consolidated results for the year ending 31 December 2022, reporting revenue estimated at EUR88 million for the period, an increase of 17 percent from when it used to amount. for EUR75.7 million in the same period last year.

Ebitda also increased, and was estimated at EUR7.5 million, with more than 40 percent from EUR5.2 million in the previous year.

Labomar – fixed at EUR8.28 per share – reported on Thursday that it ended 2022 with preliminary consolidated group sales of around EUR92 million, a 42 percent increase from EUR65 million in 2021.

The 2021 figure, indicated the company, included — in addition to the values ​​of Labomar and Entreprises ImportFab — the turnover of the companies acquired during the year, namely Welcare Group from the second half of the year and Labiotre for the month of December only.

In New York at the height of trading Friday, the Dow is in the red 0.1 percent at 33,924.32, the Nasdaq is up 0.3 percent at 11,550.94, and the S&P 500 is in the fractional green at ‘4,060.90.

Among currencies, the euro changes hands at USD1.0857 against USD1.0086 at Thursday’s close. In contrast, the pound is worth USD1.2374 from USD1.2355 on Thursday evening.

Among commodities, Brent crude cost USD86.78 per barrel from USD87.70 per barrel on Thursday evening. Meanwhile, gold trades at USD1,931.10 per ounce from USD1,935.44 per ounce last session.

Monday’s economic calendar opens at 0900 CET in Spain with inflation, producer price index and retail sales data.

At 1000 CET it is the turn of the non-EU trade balance for Italy.

At the same time comes the GDP of Germany, while at 1100 CET it is the turn of the producer price index of Italy.

Also at 1100 CET, it’s time for the Eurozone Business and Consumer Survey, consumer confidence, consumer inflation expectations, and sentiment for services and s -industrial sectors.

Among the companies listed in Piazza Affari, results are expected from Clabo, Fervi, Rocket Sharing Company and UniCredit.

By Claudia Cavaliere, Alliance News reporter

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