Danieli falls after results and guidance trail estimates

Danieli & C Officine Meccaniche SpA

28/09/2026 09:03

** Shares in Italian iron and steel factory equipment maker Danieli DANI.MI fall around 10%, weighed down by both FY and outlook figures missing expectations 
** Danieli's revenue at €3.83 billion ($4.36 billion) falls 9%, while EBITDA at €438.9 million is flat y/y
** For the ongoing FY, Danieli eyes revenue at €3.9-€4.2 billion and EBITDA of €430-450 million
** EBITDA guidance is 16% below estimates cited by Intermonte, which ahead of results had previewed H2 impacts on project delays due to the Strait of Hormuz crisis
** Equita says results miss expectations across the board, but sees 2027 guidance as "overly conservative", also given a strong order intake in the plant-making division
** The stock is touching its lowest price since January
** It heads for the biggest single-day slump since April 2025
     
($1 = 0.8790 euros)

(Reporting by Mirko Miorelli)
((Mirko.Miorelli@thomsonreuters.com))