Italy's Danieli jumps on H1 results above expectations

Danieli & C Officine Meccaniche SpA

26/03/2026 09:38

** Shares in Italian iron and steel plant-maker Danieli DANI.MI rise as much as 6% in early trade after the company reported on Wednesday its H1 results for the 2025/2026 fiscal year

** Equita flags results above expectations across all relevant financial figures, with EBITDA at 191 million euros ($220.72 million) and an order intake of 2.3 billions - 2.7% and 15% higher than broker's estimates, respectively

** Danieli confirmed its FY core profit guidance in a range of 430–450 million euros, while Equita expects the figure to surpass it at 459 mln euros

** "We believe this momentum can continue, supported by Danieli’s undisputed technological leadership [and] increasing steel production reshoring trends across the globe," the broker adds

** Including Thursday's rise, the stock gains almost 23% YTD

($1 = 0.8654 euros)

 (Reporting by Mirko Miorelli)

 ((Mirko.Miorelli@thomsonreuters.com))