Danieli jumps after posting FY results 'significantly' above expectations

Danieli & C Officine Meccaniche SpA

29/09/2025 09:18

** Shares in Italy's Danieli DANI.MI rise as much as 17% after the steelmaker posts FY results "significantly" above analyst expectations late on Friday

** EBITDA of 437.8 million euros ($513.23 million) and adjusted net income of 220 million euros were 9% and 16% above expectations, respectively, brokerage Equita says

** "The unexpected launch of a buyback" shows a more dynamic approach to capital allocation, brokerage says

** "We increase FY 25/26e EPS by 7.3%" - Banca Akros

** Including Monday's rise, Danieli has gained more than 84% YTD

** Shares on track for best day since January 2016

($1 = 0.8530 euros)

 (Reporting by Philippe Leroy Beaulieu in Gdansk)

 ((Philippe.leroybeaulieu@thomsonreuters.com))