ITP Aero Reports 2025 Revenues of €1.88 bn, up 17%, and EBITDA of €379 million, up 28%

• Strong financial performance in 2025, with revenues of €1.88bn (+17%), EBITDA of €379m (+28%) and EBIT of €321m (+30%), reflecting robust growth across commercial aviation, defence and MRO
• Performance enabled by our people, and continued strength from a diversified portfolio
• Results that fund reinvestment, with €117m invested in R&D and sustained Capex to strengthen industrial capabilities, technology and sustainability
• Clear focus on the future, growing the workforce to more than 6,250 employees (+10%), reinforcing core capabilities and positioning ITP Aero for next generation aerospace platforms

ITP Aero, a global leader in aerospace propulsion, delivered another strong year in 2025, combining robust financial performance with sustained investment in its people, industrial capabilities and long term technology roadmap. This performance reflects the commitment and expertise of ITP Aero’s teams and provides a solid foundation to continue strengthening the company’s footprint across its global operations.

In 2025, ITP Aero reported revenues of €1.88 billion, representing a 17% increase compared to 2024, and achieved an EBITDA of €379 million (+28%) and an EBIT of €321 million (+30%) year on year*. The company delivered another year of robust growth, driven by the strong performance of its commercial aviation, defence and MRO businesses.

This growth was supported by sustained demand for products powering today’s most advanced commercial aviation platforms, continued expansion in MRO activities, and solid performance in defence programmes. Commercial aviation remained the main growth driver for ITP Aero in 2025, with global Revenue Passenger Kilometres growing by 5.3%; the company is well positioned to benefit from the long term expansion of the sector while maintaining a diversified business mix.

Eva Azoulay, CEO of ITP Aero Group, said: “2025 has been another exceptional year for ITP Aero. This strong performance is first and foremost the result of our people’s commitment and expertise. It is also what allows us to continue investing decisively in our capabilities, our industrial footprint and our future technologies, while positioning ITP Aero to play a leading role in the aerospace platforms of tomorrow. In this way, we expect sustained investment with 600M€ in Capex and 600M€ in R&D by 2030”.

*Adjusted 2025 financial results, including the acquisition of Aero Norway and other adjustments are as following: Revenue €2.195M, EBITDA €413M and EBIT €339M.

Performance that enables reinvestment

In line with its long term strategy, ITP Aero continued to reinvest decisively in 2025. The company spent €117 million in R&D, reinforcing its commitment to innovation and the development of future propulsion technologies, advanced manufacturing processes and sustainability driven solutions. In addition, during 2025 the company invested total capex of 101M€ across the Group. These investments underpin ITP Aero’s ambition to remain a key partner on current and next generation aerospace platforms while strengthening high value industrial and engineering capabilities.

To support its growth and future programmes, ITP Aero also continued expanding its global workforce. By the end of 2025, the company reached more than 6,250 employees worldwide, representing a 10% increase compared to the previous year, with more than 450 new jobs created in Spain. This growth reflects the company’s focus on developing critical skills, reinforcing its industrial footprint and preparing its teams to support increasing customer demand over the coming years.

Strategic progress across commercial, defence and MRO

During 2025, ITP Aero further consolidated its position as a leading independent aerospace propulsion company. A major milestone was achieved in its long standing partnership with Rolls Royce with the delivery of the 10,000th Low Pressure Turbine (LPT) module. In the year alone, ITP Aero delivered 300 LPT modules, supporting the world’s most advanced widebody platforms.

The company also reached an important milestone with the delivery of its first combustor for Pratt & Whitney PW1500G and PW1900G engines. Building on decades of experience in combustor technology across widebody, business aviation and defence platforms, this achievement marks the extension of ITP Aero’s capabilities to support the current generation of narrowbody engines.

MRO continued to be a strategic pillar of growth in 2025. ITP Aero entered Pratt & Whitney’s global network of GTF engine maintenance providers, with its Ajalvir facilities in Madrid set to maintain PW1500G and PW1900G engines, supporting Airbus A220 and Embraer E Jets E2 families, with first engine inductions planned for 2027. As part of its expansion strategy, ITP Aero also completed the acquisition of Aero Norway in February 2026, strengthening its position in the global aerospace aftermarket and expanding its MRO capabilities in Europe.

In defence, ITP Aero continued to play a key role across all European defence engine consortia. Eurofighter showed strong performance in 2025, with 160 EJ200 engines ordered during the year. The company also progressed in the development of advanced propulsion technologies as leader of the engine pillar in Spain for the FCAS programme.

Commitment to sustainability and long term value creation

Sustainability remained a core focus for ITP Aero in 2025. For the second consecutive year, the company was awarded the EcoVadis Platinum Medal, placing ITP Aero among the top 1% of companies globally assessed for sustainability performance.

Looking ahead

Looking to 2026 and beyond, ITP Aero expects to maintain strong growth momentum, supported by continued investment in delivery capacity, technology development and the expansion of its services portfolio, executing its long term strategy and 2030 Business Plan.urces.”.