Business
Sweden's AVTECH Q4 revenue jumps, profit hit by personnel costs
Sweden's AVTECH Q4 revenue jumps, profit hit by personnel costs
About this update from Avtech Sweden Ab
OverviewSweden's AVTECH Q4 net revenue rose 38.5% yr/yr, reaching highest quarterly revenueNet earnings decreased by 5.4% due to higher personnel costs and R&D tax repaymentCash flow positive but affected by delayed payments and R&D tax repaymentOutlookAvtech expects new strategic partnerships to enable higher value for customers in 2026Company notes longer decision-making processes among customers due to global uncertaintiesAvtech enters 2026 with strong conditions for continued growthResult DriversNEW CUSTOMER CONTRACTS - Net sales increased by 38.5% due to new customer contracts, despite unfavorable USD/SEK exchange rateHIGHER PERSONNEL COSTS - Net earnings decreased by 5.4% due to higher personnel costs and a non-recurring tax expenseDELAYED PAYMENTS - Positive cash flow was impacted by delayed customer payments and tax repaymentsKey DetailsMetricQ4 SalesBeat/MissActualSEK 12.90 mlnConsensus EstimateAnalyst CoverageWall Street's median 12-month price target for Avtech Sweden AB (publ) is SEK12.00, about 47.4% above its January 26 closing price of SEK8.14The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 17 three months agoPress Release: For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .