Stock Analysis
AVTECH Sweden (STO:AVT B) Third Quarter 2024 Results
Key Financial Results
- Revenue: kr10.0m (up 18% from 3Q 2023).
- Net income: kr2.70m (down 13% from 3Q 2023).
- Profit margin: 27% (down from 37% in 3Q 2023). The decrease in margin was driven by higher expenses.
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 14% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Aerospace & Defense industry in Sweden.
Performance of the Swedish Aerospace & Defense industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 3 warning signs for AVTECH Sweden that you should be aware of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About OM:AVT B
AVTECH Sweden
Engages in the development and sale of products and services for digital air traffic control systems.
