AVTECH: Slower growth than expected
Research Note
2018-10-19
10:54
AVTECH reported net sales of SEK 3.1 million (estimate SEK 3.8 million) in Q3 2018. YoY growth was 15%. EBITDA of SEK 0.9 million was however in line with our estimates of SEK 0.7 million. Our estimated revenue growth from Easyjet continues to be slower than expected. AVTECH’s potential pipeline in signing new contracts, however, looks bright.
TO
Tomas Otterbeck
Disclosures and disclaimers