AVTECH: Q1 2017 comments
Research Note
2017-04-19
18:33
AVTECH reported revenue of SEK 2.9 million. The revenue was lower than our expectations of SEK 3.7 million. However EBIT was SEK -1.3 million, which is in line with our estimates of SEK -1.0 million. The worse than expected revenue growth can be explained in a slow ramp up in the Southwest Airlines contract were the majority of the revenue streams comes from.
TO
Tomas Otterbeck
Disclosures and disclaimers