AVAX lifts 2030 operating profit target. AVAX stock falls 1.83 percent

Published on 10/08/2026 at 15:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

AVAX stock costs EUR 3.21 on October 8, 2026 after EUR 3.27. First-half revenue reached EUR 472.0 million versus EUR 467.5 million.

AVAX, GRS213213002, Illustration mit AI erstellt.

AVAX (GRS213213002) had raised its 2030 operating-profit target from EUR 150.0 million to EUR 230.0 million on October 7, 2026. According to CNN, management presented the higher target at an Euronext conference in Paris. AVAX stock was trading at EUR 3.21 at Lang & Schwarz on October 8, 2026 at 2:48 p.m. CEST, down 1.83 percent versus the EUR 3.27 prior close.

What changed in 2030 guidance?

The new target is based on earnings before interest, taxes, depreciation and amortization, or EBITDA, rising from the previous EUR 150.0 million plan to EUR 230.0 million. The EUR 80.0 million increase combines higher construction and concessions targets with a possible return to energy projects, according to CNN.

The construction EBITDA target rises to EUR 120.0 million from EUR 90.0 million, while the concessions target increases to EUR 55.0 million from EUR 35.0 million. The plan also assigns EUR 30.0 million of 2030 EBITDA to energy activities and targets at least 45.00 percent of total EBITDA from non-construction operations.

Chronology of operating targets

On April 16, 2026, AVAX fiscal 2025 net profit was listed at EUR 48.0 million in the results timeline published by Marketscreener. On September 23, 2026, AVAX reported first-half revenue of EUR 472.0 million against EUR 467.5 million in the prior-year period, a calculated increase of 0.96 percent, according to AVAX.

The same first-half release reported EBITDA of EUR 68.3 million versus EUR 70.1 million and net profit of EUR 27.3 million versus EUR 28.5 million. Project work-in-hand reached EUR 3.0 billion in September 2026 from EUR 2.8 billion at the end of 2025, while the net debt-to-EBITDA ratio stood at 2.1 times.

AVAX stock at October 8

The investment plan requires EUR 700.0 million of new capital through 2030, while management expects EUR 500.0 million of cumulative operating cash flow from construction and concessions over the same period. That funding requirement is the key counterweight to the higher target, even though the company stated that leverage should remain below 3.0 times through 2030.

AVAX stock had a market capitalization of EUR 473.1 million on October 8, 2026. Its 52-week range was EUR 2.17 to EUR 3.99, placing the Lang & Schwarz price within that range. The further course of trading is shown by the continuously updated real-time quote of AVAX stock.