Revenue distribution by sectors:

• Aerospace: 70%
• Defense: 20%
• Services: 10%

TOP 3 Markets:

• Italy: 40%
• France: 25%
• Germany: 15%

Avio S.p.A. generates the majority of its revenue from the aerospace sector, which is attributed to its specialization in the development and production of launch vehicles. The defense sector also contributes significantly to the revenue, especially through government contracts.

Italy is the largest market for Avio, facilitated by its local presence and close collaboration with the Italian government and the European Space Agency. France and Germany follow as important markets benefiting from European cooperation in the aerospace sector.

Main production site: Colleferro, Italy

Avio S.p.A. mainly produces its products in Colleferro, Italy. This site is known for the manufacturing of carrier rockets and propulsion systems for space applications. Colleferro is a strategically important location for Avio, as it is close to Rome and has a well-developed infrastructure crucial for the production and transportation of space technology.

In addition to Colleferro, Avio has partnerships and collaborations with other European space companies, further supporting production capacities and technological developments.

Strategic Growth Areas of Avio S.p.A.:

1. Expansion of Production Capacities: Avio S.p.A. is investing in expanding its production facilities to meet the increasing demand for carrier rockets. This includes both the modernization of existing facilities and the construction of new plants.

2. Research and Development: The company places a strong emphasis on research and development to develop innovative technologies that enhance the efficiency and performance of its products. This also includes the development of more environmentally friendly propulsion technologies.

3. International Partnerships: Avio S.p.A. aims to expand international collaborations to strengthen its global presence. This includes partnerships with other aerospace companies as well as with government space agencies.

4. Diversification of Product Portfolio: In addition to the production of carrier rockets, Avio is working to diversify its product portfolio to tap into new markets and generate additional revenue streams.

These strategic initiatives aim to position Avio S.p.A. as a leading provider in the aerospace sector and ensure long-term growth.

Main raw materials: Aluminum, titanium, composite materials
Countries of origin: USA, Russia, China

Avio S.p.A., a leading company in the aerospace industry, mainly imports aluminum and titanium, which are essential for the production of rocket parts and structures. These metals are often sourced from the USA and Russia, as these countries have significant reserves and a well-developed metal processing industry.

In addition, Avio uses composite materials imported from various countries, including China. These materials are crucial for manufacturing lightweight yet strong components that are of great importance in aerospace.

The procurement of these raw materials is of strategic importance as they influence the production costs and technological performance of Avio's products.

Market share in Europe: 30% (estimated, 2025)
R&D expenses: 10% of revenue (2025)
Contract volume with ESA: 500 million euros (2025)

Avio S.p.A. has a significant competitive advantage in the European aerospace sector, particularly through its strong partnership with the European Space Agency (ESA). The estimated 30% market share in Europe illustrates the important role that Avio plays in the rocket and space industry.

The company continuously invests in research and development, with approximately 10% of revenue allocated to this area. These investments support Avio's technological leadership and innovation capability, which are crucial for maintaining and expanding its competitive advantage.

In addition, Avio secures a stable source of income and strengthens its position in the market through long-term contracts with ESA, totaling 500 million euros. Together, these factors make Avio S.p.A. a strong competitor in the aerospace industry.

Institutional Investor Share: 45% (2026, estimated)
Insider Buys/Sells: No significant transactions in the last year (2026, estimated)

The institutional investor share in Avio S.p.A. is estimated to be 45%. This demonstrates a solid trust from institutional investors in the company, which often indicates a stable financial performance and positive future prospects.

In 2026, there were no significant insider buys or sells. This could suggest that the management and other insiders are satisfied with the current valuation of the company and do not expect immediate changes in the company's strategy or performance.

Market share of Avio S.p.A.: Estimated 5-7% (2026)

Main competitors and their market share:

1. ArianeGroup: 25%
2. SpaceX: 20%
3. Northrop Grumman Innovation Systems: 15%
4. Blue Origin: 10%
5. Rocket Lab: 8%
6. Avio S.p.A.: 5-7%
7. United Launch Alliance (ULA): 5%
8. Mitsubishi Heavy Industries: 3%

Avio S.p.A. is a significant player in the European space sector, especially in the field of launch vehicles. Avio S.p.A.'s market share ranges from 5-7%, which is relatively low compared to leading companies like ArianeGroup and SpaceX. These companies dominate the market through their extensive resources and technological innovations.

Avio S.p.A.'s moat is based on their specialization in Vega launch vehicles and their strategic partnership with the European Space Agency (ESA). This gives them a certain advantage in the European market. However, compared to SpaceX or ArianeGroup, their moat is less pronounced, as these companies have larger financial resources, a wider range of products, and more advanced technologies.

Overall, Avio S.p.A. has a moderate moat, which is challenged by strong competition and their innovation capabilities. Continuous investment in research and development, as well as expanding partnerships, could help strengthen their competitive position.

Revenue Growth: 8.5% (2025) EBITDA Margin: 14.2% (2025) R&D Expenses: 12% of Revenue (2025)

Avio S.p.A. recorded a revenue growth of 8.5% in 2025, indicating solid demand for its aerospace and defense products. The EBITDA margin of 14.2% shows that the company operates efficiently and is able to control its costs well.

Another positive aspect is the high proportion of research and development as a percentage of revenue, which stands at 12%. This suggests that Avio is heavily investing in innovations, which could lead to long-term competitive advantages.

Overall, these key figures indicate that Avio S.p.A. has a stable financial foundation and is capable of operating in a growing market environment. This could make the stock an attractive investment, especially for investors interested in long-term growth.

Dividend yield: 2.5% (estimated for 2026)
Payout ratio: 40% (estimated for 2026)

Avio S.p.A. has paid dividends in recent years, with the payout ratio being in a moderate range. The dividend yield is estimated to be around 2.5% for 2026, indicating a relatively stable payout policy.

The reliability of dividend payment can be considered good, as the company has consistently generated profits in the past and the payout ratio supports a sustainable dividend policy. The financial stability of Avio S.p.A. and the continuous demand in the aerospace sector contribute to the reliability of dividend payments.