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Live News EARNINGS ARTICLE M impact

Avio first-half adjusted core earnings rise 7.3% y/y

Italian rocket maker Avio said first-half adjusted core earnings rose 7.3% from a year earlier. The company cited its expansion in the United States and ramping up launcher production.

AVIO

3% from a year earlier. The company said it is expanding in the United States and increasing launcher production. Avio is setting up a solid rocket motor facility in Virginia and selling a minority stake in its operations.