The Board of Directors of Avio SpA today reviewed and approved the 2025 Financial Report, pursuant to art. 154-ter of the Consolidated Law on Finance (TUF).

Highlights

• Record-high level of backlog and revenues. Net Income above Guidance 
• Consolidation of Vega C flight operations: four launches successfully completed in twelve months
• Success of Ariane 6 missions: contract for over EUR 200 million signed with ArianeGroup secures production of Ariane 6 items through 2029
• Rights issue successfully completed: EUR 400 million raised mainly to fund the construction of a factory in the United States
• Growth of the defense business: memorandum of understanding signed with Raytheon and Lockheed Martin
• Proposal to the Shareholders' meeting for a dividend distribution in 2026 for EUR 6.8 million (Euro 0.14846 per share)

Economic and financial results

• Order backlog: EUR 2,166 million (+25.6% vs December 2024)
• Net Revenues: EUR 541.7 million (+22.7% vs December 2024)
• EBITDA Reported: EUR 32.3 million (+24.9% vs December 2024)
• EBITDA Adjusted: EUR 34.8 million (+30.8% vs December 2024)
• EBIT Reported: EUR 12.0 million (+42.7% vs December 2024)
• EBIT Adjusted: EUR 14.5 million (+58.3% vs December 2024)
• Net Income: EUR 11.6 million (+81.6% vs December 2024)
• Net Financial Position: EUR 591.7 million (+EUR 501.6 million vs December 2024) 

 Guidance 2026 

• Order backlog: EUR 2,000 – 2,100 million 
• Net Revenues: EUR 560 – 590 million 
• EBITDA Reported: EUR 27 – 35 million 
• EBITDA Adjusted: EUR 29 – 37 million 
• Net Income: EUR 8 – 13 million.

The integral version of the report (12 pages) is attached to this AVIONEWS.