Italy's Danieli sees 17% core profit rise in first half

Danieli & C Officine Meccaniche SpA

25/03/2026 17:08

March 25 (Reuters) - Danieli DANI.MI, an Italian group that builds iron and steel making plants, reported on Wednesday a 17% rise in its half-year core profit to 191.2 million euros ($221.22 million), driven by strong margins in the plant-making division.

"Even with the significant uncertainties associated with the current geopolitical and economic environment, the group is not expected to be exposed to uncovered risks related to its operations in markets subject to international restrictions or sanctions," the company said in a statement.

Reported H1 net profit of 130.9 million euros, up 5% yr/yr

Reported order portfolio at December-end of 5.97 billion euros, compared to 5.38 billion at June-end

Danieli confirmed its previous 2025/2026 guidance for an adjusted core profit of between 430 and 450 million euros

It also sees 2025/2026 revenue in the range of 4.2-4.3 billion euros

($1 = 0.8643 euros)

(Reporting by Mirko Miorelli
Editing by Keith Weir)

((Mirko.miorelli@thomsonreuters.com))