Sweden's AVTECH Q4 revenue jumps, profit hit by personnel costs

AVTECH Sweden AB (publ)

27/01/2026 09:18

Overview

Sweden's AVTECH Q4 net revenue rose 38.5% yr/yr, reaching highest quarterly revenue

Net earnings decreased by 5.4% due to higher personnel costs and R&D tax repayment

Cash flow positive but affected by delayed payments and R&D tax repayment

Outlook

Avtech expects new strategic partnerships to enable higher value for customers in 2026

Company notes longer decision-making processes among customers due to global uncertainties

Avtech enters 2026 with strong conditions for continued growth

Result Drivers

NEW CUSTOMER CONTRACTS - Net sales increased by 38.5% due to new customer contracts, despite unfavorable USD/SEK exchange rate

HIGHER PERSONNEL COSTS - Net earnings decreased by 5.4% due to higher personnel costs and a non-recurring tax expense

DELAYED PAYMENTS - Positive cash flow was impacted by delayed customer payments and tax repayments

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
SEK 12.90 mln


Analyst Coverage

Wall 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 SEK8.14

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 17 three months ago

Press Release: ID:nMFN8lXxG6

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)