(Finance) – Positive session on Piazza Affari for the stock Aviationa company listed on Euronext STAR Milan and active in the creation and development of space launchers and propulsion systems, which has gained more than 12% in the last monthalthough it remains down 10% over the last year.
The purchases could be driven by the indiscretions of the last few days or so industrial alliances and consolidation within the defense and European space sectors. Second The sun 24 hoursin pitchers Leonardo it would like to arrive at an aggregation that enhances its stake in Avio (29.6%) and in the Vega rocket, and strengthens its industrial profile. A reorganization should go through agreements with the French ArianeGroup (jv Airbus–Safran), which produces the Ariane launcher.
“We believe that an industrial aggregation, which it would strengthen Avio’s role in the space industry value chainwould be consistent with the current strategic vision of Avio’s management”, the analysts write Intesa Sanpaolo.
“At the same time, we note that in recent weeks the Italian, French and German Economy Ministers have agreed on the liberalization of the marketing of European space launchers – they add – For Avio this agreement entailed the end of the exclusivity agreement with Arianespace for the marketing of Vega launches, which seems to be in contrast with the request by the group’s largest shareholder for closer integration with the Ariane Group “.
Meanwhile, the performance of AviationThat it stands at 8.56 euroswith a 0.94% increase. Operationally, expectations are for a continuation of the day in a positive direction with resistance seen at 8.627 and subsequently at 8.817. Support at 8.437.