Danieli shares drop more than 10% after revenue slips 9% and outlook turns more cautious
AI Market Summary
Danieli's shares fell after results showed weakening operating quality despite higher net profit and a record backlog. Operating profit declined as depreciation/impairment and project-related charges rose, while part of the earnings strength came from non-recurring FX and financial income that management expects to normalize. Guidance for 2026/2027 implies flat EBITDA and softer margins versus consensus, raising concerns about execution risk and slowing growth.
Impact level
● Low
Affected assets
NCCOGOLD2USD/USDT-3.22%
AI Insight · NCCOGOLD2USD/USDTAI Insight
▼ Bearish
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Danieli shares fell more than 10% on Monday after the Italian steel equipment maker released its annual results and a more cautious outlook. Net profit rose 5% year on year to €230.4m and the order book reached a record €6.04bn, but revenue declined 9% to €3.83bn. Operating profit in the core Plant Making business fell 34% to €210.8m, weighing on sentiment.
