“BPER Banca Reports Positive Q1 2023 Financial Results, Inwit and Unieuro in the Red”

The major indices of Borsa Italiana and the main European financial centres record fractional declines.

At 10.15 the FTSEMib was down 0.28% to 27,307 points, while the FTSE Italia All Share lost 0.32%. Worst performance for the FTSE Italia Mid Cap (-0.73%) and the FTSE Italia Star (-0,68%).

Il bitcoin it returned over 27,500 dollars (about 25,000 euros).

Lo spread Btp-Bund over 190 points is confirmed, with the yield of the ten-year BTP which exceeded 4.25%.

L’euro it stands just above $1.095.

BPER Bank records an increase of 2.04% to 2.799 eurosafter the release of the financial results for the 1st quarter of 2023. The management of BPER Banca has signaled that the bank’s profitability will continue to be supported in particular by the interest margin, the stability of net commissions, the actions aimed at offsetting the the inflationary dynamics on costs and the rise in revenues which will still benefit from the trend in interest rates.

Negative intonation for Inwit (-2,52% a 12,005 euro). The company has communicated the financial results for the 1st quarter of 2023, a period closed with revenues and profitability improving. Furthermore, Inwit’s management confirmed the financial estimates for the full year.

At the STAR segment stands out the slip of Unieuro (-7,84% a 10,23 euro). The company communicated i financial results for the 2022/2023 financial year and approved the strategic plan for 2027/2028. The company expects to close the 2023/2024 financial year with revenues of 2.9 billion euros, although the first half is expected to decrease with a recovery in the second. The adjusted operating result is expected to grow between 35 and 38 million euros in 2023/2024, while the net financial position, before payment of dividends, should be between 110 and 130 million euros at the end of the year.