Giulio Piovaccari

1 week ago | marketscreener.com | Giulio Piovaccari

MILAN (Reuters) -Prysmian, the world's largest cable maker, beat forecasts on Thursday with a 28% jump in first-quarter core profit, supported by its transmission business and last year's acquisition of Encore Wire. CEO Massimo Battaini said the group's industrial and construction (I&C) division, its largest by revenue and core profit, saw a "solid rebound" in March after a slow start to the year due to bad weather, weaker pricing and higher metal prices.

1 week ago | marketscreener.com | Giulio Piovaccari

MILAN (Reuters) -Ferrari reported a 15% rise in first-quarter core earnings on Tuesday and stuck to its broad financial guidance for the year, despite a string of automakers scrapping forecasts due to U.S. President Donald Trump's tariffs. The Italian luxury sports car maker warned U.S. tariffs could cut 50 basis points off its 2025 profit margins.

2 weeks ago | marketscreener.com | Giulio Piovaccari |Gilles Guillaume

MILAN (Reuters) -Stellantis on Wednesday suspended its guidance for a moderate recovery this year, after a profit drop in 2024, due to the uncertain impact of U.S. President Donald Trump's tariffs, and said it would review capital spending plans. The move is "due to evolving tariff policies, as well as the difficulty (in) predicting possible impacts on market volumes and the competitive landscape," the Franco-Italian-American automaker said in a statement.

2 weeks ago | tennessean.com | Giulio Piovaccari

Giulio PiovaccariReutersFerrari RACE.MI refreshed its hybrid range on Tuesday with the new 296 Speciale and its convertible version as the luxury sports car maker prepares for its first leap into the fully electric era. Ferrari, which will present its first EV in October, showcased the two new plug-in hybrid models at its Maranello headquarters, in northern Italy. They are based on the 2021 Ferrari 296, a car now approaching the end of its life cycle.

2 weeks ago | usatoday.com | Giulio Piovaccari

Ferrari RACE.MI refreshed its hybrid range on Tuesday with the new 296 Speciale and its convertible version as the luxury sports car maker prepares for its first leap into the fully electric era. Ferrari, which will present its first EV in October, showcased the two new plug-in hybrid models at its Maranello headquarters, in northern Italy. They are based on the 2021 Ferrari 296, a car now approaching the end of its life cycle.