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AVTECH Sweden AB: Redeye: AVTECH - Slower expected growth

During the last two quarters the revenue growth has been around 20% on
a year-on-year basis. According to our estimates approximately half
of this growth is due to a stronger dollar in comparison to the
Swedish Krona and the other half due to the new collaboration with
Norweigan. We have taken a more conservative approach due to an
expected economic slowdown in the industry as well as in the world's
economy. We believe this will likely affect AVTECH's already long
lead times in a negative way. We have lowered our expected growth
rate in 2020.

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