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Rocket maker Avio's first-half core profit grows 7% on increased production revenue

Rocket maker Avio's first-half core profit grows 7% on increased production revenue

- Italian rocket maker Avio AVI.MI said on Thursday its first-half adjusted core earning rose 7.3% from a year earlier, as revenue grew on the back of a ramp-up in production for its Vega C launcher and Ariane 6 booster.

Adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) rose to €12.2 million ($14.18 million) in the first six months of the year.





($1 = 0.8601 euros)


(Reporting by Enrico Sciacovelli, editing by Susan Fenton)

((Enrico.Sciacovelli@thomsonreuters.com; +48587720309;))

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