And so, our favorite month is back… again.
May is the month of dividends (as six of ours ten companies will share their profits with us).
It’s also that period when companies releases their annual/quarterly reports.
$LDO.MI (Leonardo SpA) has been the first company to publish the results of their Q1 , and it did pretty good, with a new record book order of over €43 bln, ebit at €168 mln and net ordinary profit of €93 mln.
But even with this results, Mr Market’s reaction was of fear, as after the publication of the data, the stock lost about 4%. Today other two companies will release their quarterly reports. We are talking about $BRE.MI (Brembo) , which I remember you it’s a global leader in breaking systems, and $AZM.MI (Azimut Holding) , which operates in asset and wealth management for individuals and businesses.
Finally next week will be A2A’s and Vodafone’s turn to publish their results of Q1
After that my friends (halleluyah) comes the ex dividend day which for : $ENI.MI (Eni Energy Company) intesa, azimuth, a2a and brembo it’s going to be on 20 of may, and as for Renault the 22nd.
So guys, it’s time to cash in and enjoy.
I will come back soon with new updates.
PS after all this data comes out please expect higher volatility than usual, as it’s perfectly normal.
Cheers!
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