AVIO revenue rises 17.5% YoY and net profit reaches €9.2M
AVIO reported net revenue of €276 million, up 17.5% year-on-year. Net profit was €9.2 million, with gains in defense and space propulsion and a robust order backlog supported by new US and European contracts.
2 million. The company said defense and space propulsion posted strong gains. Order backlog remained robust, and new US and European contracts were cited as supporting future growth. Advent International’s investment is expected to accelerate US expansion and production capacity.