Brief: Danieli FY EBITDA Up To EUR 423.9 Mln

Danieli & C Officine Meccaniche SpA

26/09/2023 17:38

Sept 26 (Reuters) - Danieli & C Officine Meccaniche SpA  DANI.MI :
    * FY REVENUE EUR 4.10 BILLION VERSUS EUR 3.62 BILLION YEAR AGO
    * FY NET PROFIT EUR 243.6 MILLION VERSUS EUR 218.7 MILLION YEAR AGO
    * PROPOSES DIVIDEND OF EUR 0.31 FOR EACH ORDINARY EARNINGS PER SHARE,
DIVIDEND OF
EUR 0.3307 FOR EACH SAVING SHARE
    * FY EBITDA EUR 423.9 MILLION VERSUS EUR 359.2 MILLION YEAR AGO
    * ORDER PORTFOLIO AT JUNE END AT EUR 6.2 BILLION
    * THERE ARE NO ONGOING PROJECTS OF SIGNIFICANT VALUE IN UKRAINE, ALL
PROJECTS WITH
RUSSIAN CUSTOMERS IN PROGRESS UP TO JUNE 30, EITHER EXPERIENCED SERIOUS DELAYS
OR WERE TERMINATED DUE TO FORCE MAJEURE
    * SEES FY 2023/2024 REVENUE BETWEEN EUR 4.0-4.3 BILLION
    * SEES IN FY 2023/24 EBITDA OF EUR 400-430 MILLION
    * SEES IN FY 2023/24 NET CASH OF EUR 1,400-1,600 MILLION
    * SEES IN FY 2023/24 ORDER BOOK OF EUR 6,000-6,500 MILLION


Further company coverage:  DANI.MI 

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