Avio, IT0005119810

Avio breaks ground in Virginia. Avio stock sits 55.89 percent below its 52-week high

Published on 10/08/2026 at 13:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Virginia plant targets 1,500 jobs and 900,000 square feet. Avio stock costs EUR 28.76 on October 8, 2026, with EUR 1.3 billion in market value.

Avio, IT0005119810, Illustration mit AI erstellt.

Avio (IT0005119810) stock was trading at EUR 28.76 at Lang & Schwarz on October 8, 2026 at 1:00 p.m. CEST, down 0.03 percent versus the prior close. The company had announced on October 6 that Avio USA broke ground on a Virginia solid rocket motor facility, according to Newswire.com.

Virginia plant adds US capacity

The project covers 900,000 square feet at the Southern Virginia Multimodal Park in Hurt and targets 1,500 technical jobs. Production is expected to begin in early 2029, with construction scheduled for completion by late 2028, according to the October 6 release.

The facility is designed to produce thousands of solid rocket motors annually for US tactical missile programs. That gives Avio a direct manufacturing footprint in the US defense supply chain, although the investment also places execution and ramp-up ahead of near-term cash generation.

Revenue growth supports expansion

Avio reported first-half 2026 net revenue of EUR 276.0 million, up 17.50 percent from the first half of 2025, in the company's September 10, 2026 release. Reported EBITDA reached EUR 11.9 million, an increase of 19.10 percent from the same period, while net income was EUR 9.2 million.

The company confirmed 2026 guidance for net revenue of EUR 560 million to EUR 590 million and reported EBITDA of EUR 27 million to EUR 35 million. The first-half order backlog was EUR 2.048 billion, down 5.40 percent from December 2025, making the second-half delivery schedule a key operating test.

Buyback adds capital allocation

On October 5, Avio's board launched a buyback for up to 500,648 shares, equal to 1.00 percent of the post-capital-increase share count, with potential spending of EUR 15.0 million, Repubblica reported. The authorization runs through March 8, 2028, and the shares may support extraordinary transactions or incentive plans.

Stock remains below yearly high

At EUR 28.76, Avio stock stood 55.89 percent below its 52-week high of EUR 65.20 on October 8, 2026. The contrast between accelerating revenue and the distance from the yearly high leaves the Virginia buildout, backlog conversion and cash discipline as the central measures for the next phase.

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