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Italgas


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ABB, Barratt Redrow, Ti Fluid Systems

EUROPE RESEARCH ROUNDUP-ABB, Barratt Redrow, Ti Fluid Systems Oct 29 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including ABB, Barratt Redrow and Ti Fluid Systems, on Tuesday. HIGHLIGHTS * ABB Ltd ABBN.S : Goldman Sachs cuts to neutral from buy * Barratt Redrow Plc BTRW.L : JP Morgan raises target price to 600p from 560p * Intermediate Capital Group Plc ICGIN.L : Citigroup raises PT to 2610p from 2600p * Ti Fluid Systems TIFS.L : Jeffer
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Italy - Factors to watch on October 25

Italy - Factors to watch on October 25 The following factors could affect Italian markets on Friday. 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 5-Star Movement will sever ties with its founder , comedian Beppe Grillo, due to his "acts of sabotage", party leader and former premier Giuseppe Conte said in book excerpts published on Thursday
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Italgas 2024 Capex probably slightly below 900 mln euros, CEO says

BRIEF-Italgas 2024 Capex probably slightly below 900 mln euros, CEO says Oct 24 (Reuters) - Italgas IG.MI CEO Paolo Gallo tells a post-results call: JUST RECENTLY FILED ANTITRUST DOCUMENTATION REGARDING 2I RETE GAS ACQUISITION 2024 CAPEX PROBABLY SLIGHTLY BELOW 900 MILLION EUROS Further company coverage: IG.MI Reporting by Milan newsroom
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Italgas posts third-quarter core profit up 10.9% ahead of 2i Rete Gas acquisition

UPDATE 1-Italgas posts third-quarter core profit up 10.9% ahead of 2i Rete Gas acquisition Adds CEO comment, background on 2i Rete Gas deal, EMTN Programme renewal Oct 24 (Reuters) - Europe's biggest gas distributor Italgas IG.MI on Thursday reported 10.9% growth in third-quarter adjusted core earnings, citing higher gas distribution turnover and cost cuts, as it prepares to reap the benefits from its consolidation efforts.
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Italgas Renews EMTN Program For Maximum EUR 10 Bln

BRIEF-Italgas Renews EMTN Program For Maximum EUR 10 Bln Oct 24 (Reuters) - Italgas SpA IG.MI : RENEWS EMTN PROGRAM FOR MAXIMUM 10 BILLION EUROS AUTHORIZES BOND ISSUANCE WITHIN ONE YEAR FOR INSTITUTIONAL INVESTORS Further company coverage: IG.MI (Gdansk Newsroom)
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Gas distributor Italgas posts third-quarter core earnings up 10.9%

Gas distributor Italgas posts third-quarter core earnings up 10.9% Oct 24 (Reuters) - Europe's biggest gas distributor Italgas IG.MI on Thursday reported 10.9% growth in third-quarter adjusted core earnings, citing higher gas distribution turnover and cost cuts. Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) were 1.01 billion euros ($1.09 billion), with gas distribution revenue up 11.5% at 1.21 billion euros .
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Italgas Q3 Ebitda EUR 338.1 Mln

BRIEF-Italgas Q3 Ebitda EUR 338.1 Mln Oct 24 (Reuters) - Italgas SpA IG.MI : Q3 REVENUE EUR 437.0 MILLION Q3 EBITDA EUR 338.1 MILLION Q3 NET PROFIT EUR 120.2 MILLION 9M TECHNICAL INVESTMENTS EUR 549.7 MILLION NET FINANCIAL DEBT AT SEPT-END EUR 6.90 BILLION Further company coverage: IG.MI (Gdansk Newsroom)
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Italy - Factors to watch on October 24

Italy - Factors to watch on October 24 The following factors could affect Italian markets on Thursday. 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 . DEBT Treasury announces sale of 6-month BOT bills, with relative amounts to be auctioned on Oct.
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Adecco, Bodycote, LVMH

EUROPE RESEARCH ROUNDUP-Adecco, Bodycote, LVMH Oct 23 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Adecco, Bodycote and LVMH, on Wednesday. HIGHLIGHTS * Adecco ADEN.S : Deutsche Bank raises to buy from hold * Bodycote Plc BOY.L : JP Morgan cuts target price to 670p from 750p * DNB Bank ASA DNB.OL : JP Morgan raises target price to NOK 230 from NOK 220 * Fabege AB FABG.ST : Kepler Cheuvreux raises to buy from hold * LVMH LVMH.PA
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Kepler Cheuvreux cuts Italgas to 'hold', awaits launch of 1 bln euro capital raise

BUZZ-Kepler Cheuvreux cuts Italgas to 'hold', awaits launch of 1 bln euro capital raise ** Kepler Cheuvreux cuts Italgas IG.MI to "hold" from "buy" as it sees no major third-quarter catalyst for its share price ** Sees as better entry point the launch of the 1 billion euro ($1.08 billion) capital hike Italy's biggest gas distributor announced at th
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Italy - Factors to watch on October 18

Italy - Factors to watch on October 18 The following factors could affect Italian markets on Friday. 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 . ECONOMY Bank of Italy releases August data on foreign investors holdings of Italian government bonds.
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Italy - Factors to watch on October 17

Italy - Factors to watch on October 17 The following factors could affect Italian markets on Thursday. 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 parliament made it illegal on Wednesday for couples to go abroad to have a baby via surrogacy -- a pet project of Prime Minister's Giorgia Meloni party which activists say is meant to target sam
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Italgas, Italian Ministry Of Foreign Affairs Sign MoU To Strengthen Safety Of Employees Traveling Abroad

BRIEF-Italgas, Italian Ministry Of Foreign Affairs Sign MoU To Strengthen Safety Of Employees Traveling Abroad Oct 16 (Reuters) - Italgas SpA IG.MI : ITALGAS, ITALIAN MINISTRY OF FOREIGN AFFAIRS SIGN MOU TO STRENGTHEN SAFETY OF EMPLOYEES TRAVELING ABROAD Further company coverage: IG.MI (Gdansk Newsroom)
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Italgas slips after shareholder Minozzi's 3% stake sale

BUZZ-Italgas slips after shareholder Minozzi's 3% stake sale ** Shares in Italy's biggest gas distributor Italgas IG.MI fall as much as 2.7% ** Bloomberg News reported on Tuesday that shareholder Romano Minozzi sold a stake of around 3%, equal to 24.7 million shares ** According to an analyst, the offer closed at 5.71 euros per share, a 2.56% disco
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Italy - Factors to watch on October 10

Italy - Factors to watch on October 10 The following factors could affect Italian markets on Thursday. 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 aims to introduce a draft law by the end of the year allowing the resumption of domestic nuclear power production , Energy Minister Gilberto Pichetto Fratin told a parliamentary hearing on Wednesd
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Italgas Fitch Confirms Italgas Long-Term Credit Rating At 'BBB+', Stable Outlook

BRIEF-Italgas Fitch Confirms Italgas Long-Term Credit Rating At 'BBB+', Stable Outlook Oct 9 (Reuters) - Italgas SpA IG.MI : FITCH CONFIRMS ITALGAS LONG-TERM CREDIT RATING AT 'BBB+', STABLE OUTLOOK RATING CONFIRMATION FOLLOWS AGREEMENT TO ACQUIRE 2I RETE GAS Further company coverage: IG.MI Reporting by Gdansk Newsroom
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Italy - Factors to watch on October 8

Italy - Factors to watch on October 8 The following factors could affect Italian markets on Tuesday. 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 . ECONOMY The Italian government's 1% economic growth target for this year will be more difficult to reach after downward revisions made last week by national statistics bureau ISTAT, the country's central bank said
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Italgas considering some disposals after 2i Rete Gas deal, CEO says

Italgas considering some disposals after 2i Rete Gas deal, CEO says MILAN, Oct 7 (Reuters) - Italy's biggest gas distributor Italgas IG.MI is considering some disposals after an agreement to acquire of its smaller rival 2i Rete Gas, the company's chief executive said on Monday. "We have considered some disposals after the acquisition of 2i Rete Gas," as Italian antitrust authority may request, Italgas CEO Paolo Gallo told analysts during the presentation of the group's business plan to 2030. Gal
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Italgas sees double-digit income growth to 2030, ups minimum dividend rise

UPDATE 1-Italgas sees double-digit income growth to 2030, ups minimum dividend rise Adds efficiency savings from acquisition, details By Francesca Landini and Cristina Carlevaro MILAN, Oct 7 (Reuters) - Italy's biggest gas distributor Italgas IG.MI expects double-digit growth in net income and core profit under a new plan to 2030, after signing a 5.3 billion euro deal to acquire smaller rival 2i Rete Gas on Saturday.
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Italgas to invest 15.6 bln euros, sees double-digit income growth in new plan to 2030

Italgas to invest 15.6 bln euros, sees double-digit income growth in new plan to 2030 MILAN, Oct 7 (Reuters) - Italgas IG.MI said on Monday it will invest 15.6 billion euros ($17.11 billion) over the next seven years to acquire smaller rival 2iRete Gas, develop gas distribution in Italy and Greece and strengthen its presence in the water sector. With investments almost doubling compared to the previous plan, Italy's largest gas distributor sees a double-digit growth in net income over the years
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