Financial PerformanceRevenues rose to €108mn, up 37% YoY and well above our €85.9mn forecast.
Market PositionAvio boasts an almost unique position in the European space and defence domain, providing an opportunity to invest in the ongoing recovery in European space launches and the expected boom in defence spending.
Order BacklogThe order book reached a new record of €1,724mn, exceeding both our forecast of €1,550mn and the guidance range of €1,500mn to €1,600mn thanks to the orders signed in December.