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Redeye: AVTECH - High growth ahead

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In its Q4 report, AVTECH reported a turnover of SEK 3.1 million, slightly below our expectations, which amounted to SEK 4.2 million. We think AVTECH will be more successful in signing contracts in the future with the communicated success story of SWA, EasyJet and Lufthansa.

In our financial projections we have, however, reduced our expectations on net sales. In our more ”conservative” approch net sales will have a CAGR of 64% between 2018-2020. Continue reading at: https://goo.gl/ybHNtW 

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This is a press release from Redeye - Research Powered Investment Banking. https://www.redeye.se