OverviewSuggest Edit

Avio is a service provider and manufacturer of subsystems and components for military and commercial jet engines. The Company designs, develops, produces, and integrates space launchers, solid and liquid fuel propulsion systems for tactical missiles and satellites, as well as provides research and development services. Avio serves customers in the space launcher and spacecraft propulsion sector.

TypePublic
Founded1912
HQColleferro, IT
Websiteavio.com

Latest Updates

Employees (est.) (Jun 2019)910(+14%)
Revenue (FY, 2018)€439.7 M(+36%)

Key People/Management at Avio

Roberto Italia

Roberto Italia

Chairman
Giulio Ranzo

Giulio Ranzo

CEO
Luigi Pasquali

Luigi Pasquali

Director
Stefano Ratti

Stefano Ratti

Director
Monica Auteri

Monica Auteri

Director
Maria Rosaria Bonifacio

Maria Rosaria Bonifacio

Director
Show more

Avio Office Locations

Avio has an office in Colleferro
Colleferro, IT (HQ)
SP 600
Show all (1)

Avio Financials and Metrics

Avio Revenue

Embed Graph
View revenue for all periods
Avio's revenue was reported to be €439.70 m in FY, 2018 which is a 35.2% increase from the previous period.
EUR

Revenue (H1, 2019)

191.0m

Gross profit (H1, 2019)

46.8m

Gross profit margin (H1, 2019), %

24.5%

Net income (H1, 2019)

7.1m

EBIT (H1, 2019)

8.1m

Cash (30-Jun-2019)

93.8m
Annual
EURFY, 2016FY, 2017FY, 2018

Revenue

339.7m325.3m439.7m

Revenue growth, %

22%(4%)35%

Cost of goods sold

266.2m253.9m344.1m

Gross profit

73.5m71.5m95.6m
Half Year
EURH1, 2017H1, 2018H1, 2019

Revenue

101.3m202.0m191.0m

Cost of goods sold

79.0m156.7m144.2m

Gross profit

22.2m45.3m46.8m

Gross profit Margin, %

22%22%25%
Annual
EURFY, 2016FY, 2017FY, 2018

Cash

87.2m107.0m108.4m

Accounts Receivable

10.9m8.5m7.0m

Inventories

133.1m125.8m116.1m

Current Assets

304.3m433.5m405.1m
Half Year
EURH1, 2017H1, 2018H1, 2019

Cash

63.4m73.5m93.8m

Accounts Receivable

5.8m4.6m3.5m

Inventories

127.3m117.0m136.1m

Current Assets

427.7m480.7m353.6m
Annual
EURFY, 2016FY, 2017FY, 2018

Net Income

3.1m22.4m25.8m

Depreciation and Amortization

13.7m10.6m14.0m

Inventories

(23.9m)5.4m1.5m

Accounts Payable

9.8m14.5m42.0m
Half Year
EURH1, 2017H1, 2018H1, 2019

Net Income

2.3m6.2m7.1m

Depreciation and Amortization

3.3m6.8m8.0m

Inventories

3.9m8.8m(20.0m)

Accounts Payable

15.6m22.5m(11.3m)
EURY, 2019

Revenue/Employee

209.9k

Debt/Equity

0.3 x

Debt/Assets

0.1 x

Financial Leverage

2.8 x
Show all financial metrics

Avio Operating Metrics

Avio's Backlog was reported to be €744.9m in H1, 2019.
FY, 2015FY, 2016H1, 2017FY, 2017H1, 2018FY, 2018H1, 2019

Backlog

€900 m€775.10 m€716.20 m€951.10 m€962.50 m€877.40 m€744.90 m
Show all operating metrics

Avio Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
ASPropulsion International B.V.
Avio India Aviation Aerospace Private Limited
ELV S.p.A.
Europropulsion S.A.
Potable Water Services Consortium
Regulus S.A.
SE.CO.SV.IM. S.r.l.
Servizi Colleferro - Consortium Limited Liability Company
Termica Colleferro S.p.A. B

Avio Revenue Breakdown

Embed Graph

Avio revenue breakdown by business segment: 41.4% from Ariane, 53.1% from Vega and 5.4% from Other

Avio Online and Social Media Presence

Embed Graph

Avio News and Updates

Avio anticipates Vega C upgrade funding at ESA ministerial, Vega return to flight in March

Avio CEO Giulio Ranzo said during a Nov. 7 earnings call, said Vega is on track for a return to flight by March, though what payload will launch on the mission is still to be determined.  SpaceNews.com

Avio gets ESA assurance for transition missions from Vega to Vega C

Giulio Ranzo, CEO of Avio, the Colleferro, Italy, company that builds the Vega and future Vega C rocket, said the ESA council session included missions for both Avio-built rockets during the transition years to Vega C. SpaceNews.com

Vega rocket-builder Avio sees revenue jump, new rockets progressing

Avio, the company that builds Europe’s light-lift Vega rocket and the future Vega C, reported a double-digit jump in revenue for its first full year as a publicly traded company. SpaceNews.com

Avio 2018 Results: Revenue, Net Profit and Cash Growth Continues

- Revenues: Euro 388.7 million (+13% on 20171) - Reported EBITDA: Euro 42.6 million (+8% on 20171) - Reported EBIT: Euro 28.5 million (+14% on 20171) - Net Profit: Euro 25.8 million (+18% on 20171) - Backlog: Euro 877 million (-8% on December 31, 2017) - Net Financial Position: cash...

FIRST UP Satcom | Avio takes 10M euro loan • Iridium launches Certus  • NanoAvionics opens UK office

Italian rocket builder Avio is borrowing 10 million euros from the European Investment Bank. The funds will support new space propulsion technologies for Europe’s next-generation Vega C and Ariane 6 launchers, the company said. SpaceNews.com

Commercial Avionics Market To Reach US$ 30.7 Bn By 2025

"The global commercial avionics market was valued at US$ 16.7 Bn in 2016 and is expected to grow at a CAGR of 7.1% during the forecast period from 2017 to 2025" Posted via Industry Today. Follow us on Twitter @IndustryToday

Avio Blogs

REVENUE AND EBITDA GROWTH CONTINUES. STABLE NET CASH POSITION

• Net Revenues: Euro 270.3 million (+3% on the corresponding first nine months of 2018) • Reported EBITDA: Euro 23.5 million (+5% on the corresponding first nine months of 2018) • Reported EBIT: Euro 11.7 million (-4% on the corresponding first nine months of 2018)... The post REVENUE AND EBITDA GRO…

VEGA TO LAUNCH THE ESA BIOMASS SATELLITE IN 2022

Today Arianespace and the European Space Agency have announced the closing of the contract to launch the Biomass earth observation satellite with Vega. The Earth Explorer Biomass mission will provide global maps of the amount of carbon stored in forests worldwide, mainly through the analysis... The …

UNOOSA and Avio untied at the UN General Assembly to provide Access to Space for All

The United Nations Office for Outer Space Affairs (UNOOSA) and Avio S.p.A. (Avio) join forces at the 74th UN General Assembly to announce an agreement to cooperate on providing institutions from UN Member States, in particular developing countries, with the opportunity to apply to use,... The post U…

AVIO: REVENUES, MARGINS AND NET PROFIT KEEP RISING VEGA RETURN TO FLY IN Q1 2020

  “Our growth trend continued in the first half of 2019, building on the Group’s 2018 results – stated Giulio Ranzo, Chief Executive Officer of Avio”. “In the first half of the year – added Ranzo – we have successfully completed the qualification tests of... The post AVIO: REVENUES, MARGINS AND NET …

VV15-Giulio Ranzo Ceo of Avio reports on findings of the Indipendent Inquiry Commission’s investigations

Avio S.p.A. announces that the Independent Inquiry Commission established on the 11th of July 2019 with the target of identifying the likely causes of the Vega launcher flight VV15 failure and to indicate an operating plan to resume flight activities, has published the results of... The post VV15-Gi…

THIRD 2019 ARIANE 5 FLIGHT SUCCESSFULLY COMPLETED

Intelsat 39 and EDRS-C satellites orbited. The third 2019 flight (105th mission overall) of the Ariane 5 launcher took place successfully during the night of the 6th of August from the Guyana Space Center (CSG) spaceport. The European launcher correctly orbited the Intelsat 39 and... The post THIRD …
Show more

Avio Frequently Asked Questions

  • When was Avio founded?

    Avio was founded in 1912.

  • Who are Avio key executives?

    Avio's key executives are Roberto Italia, Giulio Ranzo and Luigi Pasquali.

  • How many employees does Avio have?

    Avio has 910 employees.

  • What is Avio revenue?

    Latest Avio annual revenue is €439.7 m.

  • What is Avio revenue per employee?

    Latest Avio revenue per employee is €483.2 k.

  • Who are Avio competitors?

    Competitors of Avio include A.Abete, Leaf Space and D-Orbit.

  • Where is Avio headquarters?

    Avio headquarters is located at SP 600, Colleferro.

  • Where are Avio offices?

    Avio has an office in Colleferro.

  • How many offices does Avio have?

    Avio has 1 office.