Avio Core Earnings Jump as Rocket Maker Advances US Expansion

By Mirko MiorelliItalian rocket maker Avio MIL:AVIO posted a 13.3% rise in nine-month adjusted core earnings to €18.6 million ($20.77 million) on Wednesday, aided by progress in its US expansion and the finalizing of private equity Advent's €109.4 million investment.($1 = 0.8957 euros)