AVTECH: Q2 was in line with our estimates
Research Note
2017-08-18
17:28
AVTECH reported revenue of SEK 3.5 million (estimate SEK 3.4 million). EBIT was SEK -1.1 million, which is in line with our estimates of SEK -1.2 million. We expect revenues from easyJet in Q3. According to the press release, Aventus Nowcast Full Flight will be implemented to the entire fleet at easyJet. Gradually as the solution is implemented in new aircrafts the revenue will increase.
TO
Tomas Otterbeck
Disclosures and disclaimers