BIT:ISP
BIT:ISPBanks

Intesa Sanpaolo (BIT:ISP) Earnings Growth Slows to 3.6%, Undercutting Bullish Narratives

Intesa Sanpaolo (BIT:ISP) turned in annual earnings growth of 3.6%, well below its impressive five-year average of 25.5%. Net profit margin held steady at 35.8% compared to last year’s 35.7%, while future estimates have revenue growing at 3.9% per year and profit at 4.4% per year, both trailing the broader Italian market. With a Price-to-Earnings Ratio at 10.6x, just under the peer average and slightly above the sector mean, the results point toward stable but slowing profitability, keeping...
BIT:G
BIT:GInsurance

Assessing Generali (BIT:G) Shares: Is the Current Valuation Justified After Recent Strong Gains?

Assicurazioni Generali (BIT:G) shares have recently caught the attention of investors, given the stock's steady upward trend over the past three months. However, questions remain around the sustainability of its current valuation and outlook. See our latest analysis for Assicurazioni Generali. Generali’s share price has gained notable ground since the start of the year, adding over 20% year-to-date, and that momentum is backed up by a robust 35% total shareholder return over the past twelve...
BIT:IG
BIT:IGGas Utilities

Italgas (BIT:IG) Earnings Jump 26.4%, Challenging “Steady Utility” Narrative

Italgas (BIT:IG) delivered a 26.4% earnings growth over the past year, well above its five-year average of 7.4%, and improved net profit margins to 19.9% from last year’s 18.3%. Shares are currently trading at €9.09, which is notably higher than an internal fair value estimate of €5.88. The stock’s Price-to-Earnings ratio of 15.8x sits between the peer average and the broader industry. Forecasted annual earnings growth is 7.43% and revenue growth is projected at 6.2% per year, outpacing the...
BIT:MONC
BIT:MONCLuxury

Slower Tourism Sales Might Change The Case For Investing In Moncler (BIT:MONC)

Moncler recently reported a 1% year-on-year sales decline for the third quarter, with a solid performance in China and the Americas offset by weak tourist demand in Europe and Japan, and plans to open a flagship store on Fifth Avenue in New York by June 2026. Despite revenues slightly exceeding analyst expectations, the company's performance lagged behind some luxury peers, and management projected a more cautious outlook for upcoming quarters due to ongoing regional headwinds. We’ll examine...
BIT:BAMI
BIT:BAMIBanks

Does Banco BPM’s €500 Billion Green Bond Shift Strengthen Its ESG Story for BIT:BAMI Investors?

Earlier this month, Banco BPM announced the completion of a very large €500 billion green bond issuance and disclosed the results of its tender offer for €500 billion of existing 6.00% Senior Non-Preferred Notes due 2026, with €216.42 billion tendered by investors. This move highlights Banco BPM’s focus on sustainable finance and proactive capital management, as the green bonds align with its broader ESG initiatives and funding strategy. We’ll examine how the successful green bond...
BIT:MAIRE
BIT:MAIREConstruction

NEXTCHEM’s Sustainability-Linked Financing Framework Could Be a Game Changer For Maire (BIT:MAIRE)

Earlier this week, NEXTCHEM, a subsidiary of Maire S.p.A., launched its first Sustainability-Linked Financing Framework, which anchors investment activities to measurable sustainability goals and supports technological innovation and R&D for the energy transition through a €125 million credit facility. This initiative highlights Maire's increasing emphasis on integrating sustainability into its financing and operational strategies, underlining a broader commitment to supporting...
BIT:AMP
BIT:AMPHealthcare

Amplifon (BIT:AMP) Margin Decline Challenges Bull Case Despite Revenue Growth Outlook

Amplifon (BIT:AMP) is expecting its earnings to grow at 15.3% per year, with revenue projected to increase 5.7% annually. This outpaces the broader Italian market's 5.2% forecast. However, the company's net profit margin stands at 5.2%, down from 7% last year, and it recorded negative earnings growth over the past year despite averaging 3.6% annual growth over the past five years. With shares trading at €14.72, below the estimated fair value, investors are watching closely as the company...
BIT:TEN
BIT:TENEnergy Services

Tenaris (BIT:TEN) Margin Drop to 16.9% Challenges Bullish Rebound Narratives

Tenaris (BIT:TEN) posted net profit margins of 16.9% for the year, down from 20.2% a year ago. Over the past five years, the company managed to turn profitable with average annual earnings growth of 28.3%. However, earnings declined over the most recent twelve months. Investors now face a mixed outlook, as earnings are projected to fall by 2.4% per year for the next three years. Revenue growth is expected to slow to 1.6% per year, lagging the broader Italian market’s 5.2% pace. See our full...
BIT:CPR
BIT:CPRBeverage

Campari (BIT:CPR) Margin Miss Undercuts Bull Case as €185.7m One-Off Loss Weighs on Results

Davide Campari-Milano (BIT:CPR) reported a net profit margin of 6.1%, a notable drop from 11.2% the previous year, which points to a clear decline in profitability. A one-off loss of €185.7 million worsened annual results and overshadowed the company’s five-year earnings growth trend of 1.2% per year. Negative earnings growth in the last year makes direct comparisons to the longer-term average less meaningful. With market expectations now focused on forecasted annual earnings growth of 11.8%,...
BIT:PRY
BIT:PRYElectrical

Prysmian (BIT:PRY) Profit Margin Climbs to 3.9%, Reinforcing Bull Case Despite Valuation Concerns

Prysmian (BIT:PRY) posted a net profit margin of 3.9%, up from 3.5% the previous year, with annual earnings jumping 42.4%, well above its five-year average earnings growth rate of 25%. Analysts forecast earnings growth of 9.1% and revenue growth of 5% per year, tracking just below the Italian market averages of 9.9% for earnings and 5.2% for revenue. The combination of strong historic profit expansion and improving margins sets a high bar for what comes next. See our full analysis for...
BIT:RACE
BIT:RACEAuto

Ferrari (BIT:RACE): Assessing Valuation Following Recent Share Price Rebound

Ferrari (BIT:RACE) shares have edged higher in recent trading, gaining about 1.7% after a period of declines. Investors seem to be eyeing the luxury automaker’s long-term performance, especially given recent changes in broader market sentiment. See our latest analysis for Ferrari. Ferrari’s share price has pulled back over the past month, but that comes after a long, powerful stretch; the three-year total shareholder return stands at an impressive 77.5%. As the latest uptick hints, sentiment...
BIT:MONC
BIT:MONCLuxury

Moncler (BIT:MONC) Valuation in Focus as Revenue Declines and Management Cautious on Outlook

Moncler (BIT:MONC) stock dropped over 4% after the company posted a 1% year-on-year revenue decline for the third quarter. Softer tourist demand in Europe and Japan weighed on overall results. See our latest analysis for Moncler. Despite a resilient showing earlier this year, Moncler’s latest results and yesterday’s 3.75% drop in share price highlight how investor sentiment has cooled after a solid run. While revenue growth in China and the Americas added a boost, European and Japanese...
BIT:AMP
BIT:AMPHealthcare

A Look at Amplifon (BIT:AMP) Valuation Following Earnings Declines and Investor Uncertainty

Amplifon (BIT:AMP) just released its third quarter earnings, highlighting both quarterly and nine-month declines in sales and net income compared to last year. The latest figures are prompting fresh debates among investors. See our latest analysis for Amplifon. With the latest earnings miss still fresh, Amplifon’s share price has struggled to regain ground, dropping nearly 40% year-to-date and recording a one-year total shareholder return loss of over 41%. Momentum remains subdued, suggesting...
BIT:AVIO
BIT:AVIOAerospace & Defense

Avio (BIT:AVIO) Margin Miss Challenges Bull Case as Profitability Slips Despite Growth Forecasts

Avio (BIT:AVIO) saw its net profit margin slip to 1.5%, down from last year's 1.8%, while earnings have declined at an average rate of 11.1% per year over the past five years. Despite this, recent annual growth of 0.8% offers a modest reversal of the longer-term trend. Forecasts suggest a sharp acceleration ahead, with earnings expected to grow 20.8% per year and revenue projected to rise 12.7% per year, both comfortably above the Italian market averages. Investors are now weighing these...