Avio jumps after FY 2025 guidance hike

Avio SpA

30/01/2026 08:56

** Shares in Avio AVI.MI rise as much as 7% after the Italian rocket maker raised its 2025 forecasts for order backlog and net revenues on Thursday, following a surge in new orders in Q4

** The company now sees for 2025 its order backlog at 2.1–2.2 billion euros ($2.5-2.6 billion), up from 1.7–1.8 billion euros previously, and net revenues at 510–540 million euros, compared with 450–480 million euros before

** Jefferies calls the update a "positive surprise," saying the group is moving into a period of growth in space and defence propulsion

** "This is a good performance, which could pave the way for stronger topline growth over the mid-term vs. the current guide," it adds

** The stock is up around 19% YTD

($1 = 0.8377 euros)

 (Reporting by Laura Contemori)

 ((Laura.contemori@thomsonreuters.com))