Earnings release
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☑DANIELI Teleborsa : distribution and commercial use strictly prohibited Investor News DANIELI & C. OFFICINE MECCANICHE S.P.A. emarket sdir storage CERTIFIED APPROVAL OF YEARLY FINANCIAL STATEMENTS AND CONSOLIDATED FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2026 Buttrio , 25 September 2026 - The Board of Directors of Danieli & C. Officine Meccaniche S.p.A. met today to examine and approve the Yearly Financial Statements for the parent company and the Consolidated Financial Statements for the Danieli Group , for the year from July 1 , 2025 , to June 30 , 2026 . The trend of the key indicators compared with the previous financial year is summarised in the table below : ( millions of euro ) Revenues 30/06/2026 30/06/2025 Variation 3,833.5 4,200.0 -9 % Gross operating margin ( Ebitda ) ( * ) 438.9 437.8 0 % Operating income 220.8 303.1 -27 % Net profit from continuing operations ( * ) 230.4 220.2 4 % Net profit for the period attributable to the Group 230.4 220.1 4 % Adjusted positive net financial position ( ** ) 1,019.7 688.9 48 % Total shareholders ' equity 2,973.8 2,760.5 8 % Number of employees at period end 10,088 10,009 1 % Group order book 6,038 5,384 ( of which Steel Making ) 362 271 ( * ) In application of IFRS 5 . ( ** ) The net financial positions at 30 June 2026 and at 30 June 2025 is entered net of payables for advances received from customers and of receivables for those paid to suppliers in relation to contracts operationally in force . Summary of Results for the Year 2025/2026 The 2025/2026 tax year ended with total revenues lower than in the previous year , with improved net profit of 230.4 million euro and a gross operating margin ( EBITDA ) of 438.9 million euro in line with the 2024/2025 fiscal year . The cash generated was largely sufficient to ensure financial coverage for the investments that were made and for the huge expenditures in research and development incurred in the year . The lower revenue volume is attributable to the implementation of a mix of highly profitable products in the Danieli Plant Making sector , but characterized by lower production volumes , linked to the simultaneous launch of numerous orders , whose early stages of development involve the technical departments more heavily than the operational functions responsible for purchasing and processing materials and mechanical components . The margins of the period were maintained , despite the significant charges incurred for the completion and commissioning of some particularly complex and critical projects in the gas turbine sector for electric power production . The Steel Making segment recorded revenues in line with the budget forecasts established at the beginning of the year . Gross profitability stood at 10.0 million euro , still affected by the negative effect of the high energy costs , whose impact was mostly reflected in the second half of 2025. Such Page 1 of 15