Avio shines, brokers promote prospects for US consolidation | EUROtoday

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(Il Sole 24 Ore Radiocor) – Avio rushes to Piazza Affari, whereas buyers take a look at the indications rising from the interview in Sole 24 Ore with CEO Giulio Ranzo on the renewal of the board of administrators and the consolidation technique within the USA. The protection inventory is at present the most effective on the principle Milanese listing, near the degrees on the finish of January.

In element, the CEO’s statements present some particulars concerning the appointments of the subsequent board. In view of the shareholders’ assembly of subsequent April 28, Avio’s administration has proposed «an inventory, supported by us as shareholders (with the administration’s funding autos InOrbit and Rbc) and with the help of Leonardo by way of a shareholders’ settlement that we’ve got made recognized to the market”, says Ranzo. The hope is that this move will also be appreciated “by the opposite shareholders who’ve supported us historically and not too long ago – provides the CEO – such because the American administration firm Wcm Investment Management, the Italian fund Plenisfer participated by Generali, but additionally Anthilia and Delfin”. The objective is in fact «to guarantee managerial continuity, after three years of strong growth, to lead Avio to record new and further expansion, particularly in the USA».

And it is precisely this point, according to Banca Akros analysts, that attracts the market’s attention. In fact, in the interview Ranzo «confirmed that the new US plant in Virginia it will be inaugurated by the end of 2028″, clarify the consultants. He then added that the doubling of manufacturing capability – which ought to go from the preliminary 700 tonnes to 1,400 tonnes – “will depend on customer volumes”. However, this seems “more and more like a potential scenario” and leads analysts to substantiate the “Buy” score on the inventory with a goal value of 40 euros. In reality, Avio’s administration, throughout 2026, is able to consider an extra 10% capital enhance (after the latest completion of the 400 million one), to lift the sources essential to help the strengthening plan within the USA. Furthermore, based mostly on Ranzo’s interview, he’s already growing «a collection of agreements with the US Army, Raytheon and Lockheed Martin which set up preferential entry to a part of the plant’s manufacturing capability to a number of the most vital world protection gamers”. This can be a first step towards the “progressive enlargement of Avio’s enterprise within the USA” and towards the objective “of accelerating visibility and credibility with respect to the Pentagon”, thanks also to the identification of “long-term companions who know the market”.