Rocket maker Avio forecasts lower order backlog, shares fall

Avio SpA

12/03/2026 14:23

March 12 - Italian rocket maker Avio AVI.MI on Thursday forecast a 2026 order backlog between 2 billion and 2.1 billion euros ($2.4 billion), below its 2025 backlog, and its shares fell as much as 16%.

The rocket maker said its 2025 order backlog rose 25.6% to 2.17 billion euros, in line with its 2.1 to 2.2 billion euros forecast range for the year.

Avio expects its 2026 net profit to be in a range of 8 to 13 million euros

The rocket maker expects its 2026 EBITDA to be in a range of 27 to 35 million euros

Its 2025 net profit rose 81.6% to 11.6 million euros, above its 7 million to 10 million euros forecast range

Avio's 2025 EBITDA rose 24.9% to 32.3 million euros, in line with its 27 to 33 million euros forecast range

Revenue for the year rose 22.7% to 541.7 million euros, beating the company's 510 million to 540 million euros forecast range

Company proposes dividend of 0.14846 euros per share

Avio is set to join Italy's blue-chip FTSE Mib index .FTMIB on March 23

($1 = 0.8674 euros)

 (Reporting by Philippe Leroy Beaulieu in Gdansk; Editing by Matt Scuffham)

 ((philippe.leroybeaulieu@thomsonreuters.com))