Avio, IT0005119810

Avio launches EUR 15 million buyback. Avio stock falls 1.16 percent

Published on 10/07/2026 at 13:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue rose 17.5 percent to EUR 276.0 million. Avio stock cost EUR 28.89 on October 7, 2026 versus EUR 29.23.

Avio, IT0005119810, Illustration mit AI erstellt.

Avio (ISIN IT0005119810) was trading at EUR 28.89 at Lang & Schwarz on October 7, 2026 at 1:34 p.m. CEST, down 1.16 percent versus the prior close of EUR 29.23. The aerospace company is launching a buyback of up to EUR 15 million, a move approved on October 5, 2026, according to Teleborsa.

Buyback covers 500,648 shares

The program covers up to 500,648 shares, equal to 1.00 percent of the share capital expected after the capital increase. Purchases will take place on Euronext Milan in the STAR segment through Equita SIM, and the authorization runs until March 8, 2028, according to Teleborsa. Avio already held 626,929 treasury shares, or 1.25 percent of its capital, when the announcement was made.

The buyback adds a capital-allocation element to a company still investing heavily in launch and defense capacity. For investors, the key contrast is the 1.00 percent potential share reduction against the much larger operating expansion described in the latest half-year report.

Revenue rises 17.5 percent

Avio reported EUR 276.0 million of net revenue in the first half of 2026, up 17.5 percent from the first half of 2025. Reported EBITDA reached EUR 11.9 million, an increase of 19.1 percent, while net income stood at EUR 9.2 million, up EUR 9.3 million year over year, according to Avio.

The company also reported an order backlog of EUR 2.048 billion at June 30, 2026, down 5.4 percent from December 2025. That comparison matters because backlog remained above the EUR 2.000 billion lower end of Avio's confirmed full-year guidance range of EUR 2.000 billion to EUR 2.100 billion.

Avio's 2026 guidance also calls for net revenue of EUR 560 million to EUR 590 million, reported EBITDA of EUR 27 million to EUR 35 million and net income of EUR 8 million to EUR 13 million. The reported figures point to strong first-half growth, while the lower backlog relative to December highlights the execution burden created by ongoing deliveries and capacity investment.

Stock falls as investment continues

The Lang & Schwarz quote of EUR 28.89 on October 7, 2026 stood EUR 0.34 below the prior close of EUR 29.23. Avio's market capitalization was EUR 1.3 billion on the same date, while its 52-week range was EUR 23.30 to EUR 65.20.

The buyback provides a defined shareholder-return mechanism, but the operating story remains centered on production scale. Avio is expanding activities tied to Vega C, Ariane 6 and defense propulsion while reported net financial position fell to EUR 535.7 million at June 30, 2026 from December 2025, according to Avio.

EUR 28.89 quote on October 7

Avio was trading at EUR 28.89 at Lang & Schwarz on October 7, 2026 at 1:34 p.m. CEST, down 1.16 percent versus the prior close of EUR 29.23. The further course of trading is shown by the continuously updated real-time quote of Avio stock.