Under the leadership of Chief Executive Officer Giacomo Mareschi Danieli, Danieli & C. Officine Meccaniche S.p.A. has continued to advance its reputation as a leader in innovation and sustainability within the steelmaking industry. The Group’s latest fiscal year, spanning July 2023 to June 2024, highlighted a strategic commitment to environmental responsibility and technological excellence.
Giacomo Mareschi Danieli: €240.8 million net profit and commitment to sustainability
Danieli Group reported a strong net profit of €240.8 million and an EBITDA of €391.2 million. Although EBITDA saw a slight dip compared to the previous year, these results underscore the company’s resilience and its capacity to invest in critical research and sustainable development projects. The Plant Making division emerged as a key revenue driver, with a remarkable EBITDA of €315.7 million, reflecting the success of cutting-edge solutions such as Direct Rolling and Digimelter technologies. These innovations have been instrumental in minimizing CO₂ emissions, enhancing production efficiency, and reducing costs. Such advancements position Danieli Group at the forefront of sustainable steel production while strengthening its global competitiveness. The Steel Making division achieved 1.3 million tons in sales during the fiscal year, despite facing profitability challenges linked to escalating energy costs in Italy. The group has delineated plans to enhance production efficiency and expand its investment in rolling mills, projecting stronger performance in the upcoming fiscal year. Giacomo Mareschi Danieli’s leadership aligns closely with global climate goals, including COP28 targets. The company is prioritizing hydrogen-based technologies and renewable energy integration to significantly lower carbon emissions. These efforts reflect Danieli Group’s broader mission to contribute to the global transition toward a greener, more sustainable industrial sector.
Giacomo Mareschi Danieli’s leadership at Danieli Group
A skilled engineer and visionary leader, Giacomo Mareschi Danieli brings extensive international experience to his role as Chief Executive Officer and member of the Executive Board of Danieli Group. After earning his degree in Electrical Engineering from the Polytechnic University of Milan in 2005, he joined ABS, the steelmaking division of Danieli Group, where he gained deep insights into steel production. His career took him to Abu Dhabi, where he worked on major construction sites, and then to Ukraine as Project Coordinator and Site Manager for the Interpipe Project. In Thailand, he served as Head of Macro-Planning at Danieli Far East Ltd., eventually rising to Chief Executive Officer of the subsidiary. Upon returning to Italy, Giacomo Mareschi Danieli assumed leadership of the Plant Engineering department, overseeing critical commercial activities and multiple product lines, including cranes, hydraulics, environmental systems, and metallics. In 2017, he was appointed CEO of Danieli Group, a role in which he has successfully driven the company toward sustainable growth and technological innovation. Looking ahead, the Group anticipates revenue growth between €4,000 and €4,200 million for the next fiscal year, with EBITDA expected to range from €380 to €420 million. This optimistic projection is supported by continuous investment in innovation and sustainability initiatives. By focusing on eco-friendly technologies and adapting to market demands, Giacomo Mareschi Danieli ensures that Danieli Group remains a leader in sustainable steelmaking. The company’s initiatives reinforce its competitive edge and highlight its solid commitment to environmental responsibility.
