Stock Analysis
- Sweden
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- Aerospace & Defense
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- OM:AVT B
AVTECH Sweden First Quarter 2024 Earnings: EPS: kr0.053 (vs kr0.025 in 1Q 2023)
AVTECH Sweden (STO:AVT B) First Quarter 2024 Results
Key Financial Results
- Revenue: kr9.40m (up 42% from 1Q 2023).
- Net income: kr3.00m (up 114% from 1Q 2023).
- Profit margin: 32% (up from 21% in 1Q 2023). The increase in margin was driven by higher revenue.
- EPS: kr0.053 (up from kr0.025 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
AVTECH Sweden Earnings Insights
Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Aerospace & Defense industry in Sweden.
Performance of the Swedish Aerospace & Defense industry.
The company's shares are up 9.1% from a week ago.
Risk Analysis
Before you take the next step you should know about the 2 warning signs for AVTECH Sweden that we have uncovered.
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About OM:AVT B
AVTECH Sweden
AVTECH Sweden AB (publ) engages in the development and sale of products and services for digital air traffic control systems.
Flawless balance sheet with solid track record.