BIT:AVIOAerospace & Defense
Avio (BIT:AVIO) Margin Miss Challenges Bull Case as Profitability Slips Despite Growth Forecasts
Avio (BIT:AVIO) saw its net profit margin slip to 1.5%, down from last year's 1.8%, while earnings have declined at an average rate of 11.1% per year over the past five years. Despite this, recent annual growth of 0.8% offers a modest reversal of the longer-term trend. Forecasts suggest a sharp acceleration ahead, with earnings expected to grow 20.8% per year and revenue projected to rise 12.7% per year, both comfortably above the Italian market averages. Investors are now weighing these...