Positive closing, even if far from the intraday highs, for the European stock exchanges. After capitalizing on the openings arrived by Russian President Putin, who made it known that “some progress” had been made in the talks between Russia and Ukraine, the lists of the Old Continent have retraced part of the gains in view of the weekend.
In Piazza Affari, where the Ftse Mib closed at 23,069.36 points (+ 0.8%), the best performance was recorded by Leonardo (+ 11.53%). In addition to the geopolitical context, in recent weeks several countries have announced an increase in defense budgets, the actions have been driven by the accounts and the outlook.
2021 closed with revenues of 14.1 billion (+ 5%) and a profit of 587 million (+ 142%). For 2022, the company estimates revenues of 14.5-15 billion and an Ebita of 1.18-1.22 billion. The Board of Directors resolved to reintroduce the dividend by proposing a coupon of € 0.14 per share.
A decidedly positive day, awaiting the Board of Directors on Sunday, also for Telecom Italia (+ 4.83%) while the bankers closed a decidedly volatile session in no particular order: Banco Bpm recorded + 2.28%, Intesa Sanpaolo a + 0.24% and UniCredit left 1.09% on the field.
On the whole, + 7.51% of Brunello Cucinelli after the increase in revenue growth estimates for 2022 to 12%, against the previous + 10%, and 7.62% of Tod’s which in 2021 showed a red of 5.9 million euros (-73.2 million in 2020).
After the BTP auction and the day after the ECB meeting, the spread between our ten-year and German ones fell by 2.7% to 160 basis points. During the morning the Treasury offered 3, 7 and 15-year BTPs: the three-year saw the yield drop by 12 cents to 0.57%, in the case of the 7-year a red of 5 cents at 1 was recorded, 47%, while for the security maturing in 2037 the gross yield was 2.11%. (In collaboration with Money.it).