Avio, IT0005119810

Avio stock falls 1.63 percent as board changes take effect

Published on 10/07/2026 at 13:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Avio stock was trading at EUR 28.88 on October 7, 2026, while first-half revenue reached EUR 276.0 million. Board appointments add a near-term management checkpoint.

Avio, IT0005119810, Illustration mit AI erstellt.

Avio stock (ISIN IT0005119810) was trading at EUR 28.88 on Borsa Italiana on October 7, 2026 at 1:34 p.m. CEST, down 1.63 percent from the previous close. The session followed a board reshuffle that changes several senior responsibilities at the Italian aerospace company.

Board changes set a near-term checkpoint

According to AVIONEWS on October 6, 2026, Avio appointed Giulia De Martino as a non-executive independent director and Steven Wood as chairman of the Nomination and Remuneration Committee.

The company also appointed CFO Roberto Carassai as Deputy General Manager Corporate effective October 5, 2026. Claudio Milana will become Chief Programs Officer and a senior executive on October 16, 2026, succeeding Marco Biagioni, according to AVIONEWS.

First-half revenue rose 17.5 percent

Avio reported net revenue of EUR 276.0 million for the first half of 2026, up 17.5 percent from the first half of 2025. Reported EBITDA rose 19.1 percent to EUR 11.9 million, while adjusted EBITDA increased 7.3 percent to EUR 12.2 million, according to the company's Avio release dated September 10, 2026.

The results also show a split between growth and investment. The order backlog stood at EUR 2,048 million at June 30, 2026, down 5.4 percent from December 2025, while net financial position was EUR 535.7 million, down EUR 56 million from year-end, according to Avio.

Consensus target stands above the quote

Avio confirmed its 2026 guidance of EUR 560 million to EUR 590 million in net revenue and EUR 27 million to EUR 35 million in reported EBITDA. The company said Vega C, Ariane 6 and defense propulsion activities were the main drivers of first-half revenue growth.

Marketscreener lists an Outperform consensus from six analysts, with an average target of EUR 39.08. That target lies 35.3 percent above Avio's EUR 28.88 quote on October 7, 2026, giving investors a quantified gap between the market price and published expectations.

Avio stock stays below its yearly high

Avio stock was trading at EUR 28.88 on Borsa Italiana on October 7, 2026 at 1:34 p.m. CEST, with a 52-week range of EUR 23.30 to EUR 65.20 and volume of 252,625 shares.