AVTECH: Negotiations intensified

Research Update

2018-05-03

07:30

AVTECH’s quarterly result was in line with our expectations. Net sales amounted to SEK 2.8 million (estimate SEK 3.4 million). EBITDA was SEK 0.3 million (estimate SEK 0.9 million). Negotiations with three of Lufthansa Group’s subsidiaries and Norweigan has been intensified in the last months. We think an Aventus Nowcast Full Flight contract will be signed with at least one of these companies in three to six months.

TO

Tomas Otterbeck

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