The details are still missing, but the rankings of who will earn the most are already starting. What is known is that the cut in Irap announced by new prime minister Matteo Renzi will benefit all those companies that have most of their employees in Italy. Difficult to understand exactly who will be luckier and how much luck will amount. Someone, however, has decided to do some calculations, waiting for more information on the measure. And he discovered that Mondadori and Finmeccanica are at the top of the list. This was stated by the WebSim research office, a division of Intermonte, which took into consideration the Italian companies listed on the Stock Exchange.
Among the top 12 companies that will benefit the most from the Irap cut is the publishing company controlled by Berlusconi's Fininvest. Mondadori, which has 80% of labor costs in Italy (232 million euros), should achieve a 20,4% saving on pre-tax profit.
Far behind is Finmeccanica, with a profit of 6,7%, however in the face of a much more impressive labor cost: 2 billion 242 million euros. On the third step of the podium, Banco Popolare, with 5,3% (1,469 billion euro of labor costs).
In WebSim's list, there are also Engineering and Autogrill (around 4%), Ubi Banca, Piaggio, Banca Popolare dell'Emilia Romagna, Banca Popolare di Milano, Reply and Yoox (between 2 and 3%). In twelfth place there is room for manufacturing, with Indesit at 1,8%.
Among companies listed on the stock exchange, the cut in Irap should not have significant effects on global companies such as Eni, World Duty Free and Luxottica.
