Bli medlem
Bli medlem

Du är här

2019-10-22

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.

Read our new reseach update at: http://bit.ly/32DlOGP

Start following companies at Redeye to receive the latest equity
research within Life Science and Technology.

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

-----------------------------------------------------------
https://news.cision.com/se/avtech-sweden-ab/r/redeye--avtech--slower-exp...

Författare Cision News

Tala om vad ni tycker

Tala om vad ni tycker

Ni är just nu inne på en betaversion av nya aktiespararna. Lämna gärna feedback på vad ni tycker i formuläret nedan.