Home » Business » Financial Results for 1st Quarter of 2023: Focus on Unipol, Banks on the Rise, and Slip of doValue at MidCap

Financial Results for 1st Quarter of 2023: Focus on Unipol, Banks on the Rise, and Slip of doValue at MidCap

Focus on Unipol, after the release of the financial results for the 1st quarter of 2023. Banks are on the rise. At MidCap, the slide of doValue stands out

The major indices of Borsa Italiana and the main European financial centers are confirmed in positive territory in the last session of the week.

At 11.45 the FTSEMib it was up 1.01% to 27,373 points, after fluctuating between a low of 27,222 points and a high of 27,436 points. At the same time the FTSE Italia All Share earned 0.92%. Above parity also the FTSE Italia Mid Cap (+0.19%) and the FTSE Italia Star (+0,12%).

Il bitcoin it remains below 26,500 dollars (just over 24,000 euros).

Lo spread Btp-Bund remains below 190 points, with the yield on the ten-year BTP returning below 4.15%.

L’euro it fell to $1.09.

Focus on Unipol (+0.08% to €5.132), after the release of the financial results for the first quarter of 2023. The insurance company ended the period under review with a net profit of 284 million euros. At the end of March 2023, the solvency ratio had risen to 213%.

In red UnipolSAI (+0,16%).

Generally positive trend for i banking sector stocks.

BPER Bank records an increase of 2.36% to 2.732 euros.

It’s an exception illimityBank (-2.52% to 6.195 euro), after the release of the quarterly results.

Pirelli returns positive and gains 0.88% to 4.825 euros. The company has released financial data for the 1st quarter of 2023, a period that has seen growth in the main economic indicators, results even better than the consensus of analysts. Pirelli’s management has confirmed the financial targets for 2023, communicated to the market on February 22nd.

At MidCap the slip of doValue (suspended due to excess deviation after a theoretical decline of 8.3%)after the spread of results for the first quarter of 2023. Gross revenues amounted to 101.42 million euros, down by 22.7% compared to 131.26 million in the same quarter of the previous year. The final result, attributable to the shareholders of the parent company (excluding non-recurring items) fell to 520 thousand euros compared to the 10.37 million recorded in the first three months of last year.


2023-05-12 09:48:00
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