Atea reports financial results for Q3 2015
(Thomson Reuters ONE) -
Atea ASA /
Atea reports financial results for Q3 2015
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Atea, the leading supplier of IT infrastructure and system integration in the
Nordic and Baltic regions, reports growth in revenue and EBITDA in the third
quarter of 2015. Revenue was at record high levels for the third quarter of the
year together with growth in EBITDA.
Atea reported revenue of NOK 5,957 million in Q3 2015, an increase of 15.2%
compared with last year. EBITDA before option and restructuring expenses
increased by 4.1% to NOK 214 million, up from NOK 205 million in the
corresponding quarter last year.
"Atea had strong growth in revenue in the third quarter of 2015, and returned to
EBITDA growth. Sweden and the Baltics delivered excellent results, and Denmark
and Norway had sequential improvement from the prior quarter", commented Steinar
Sønsteby, CEO of Atea.
For the three first quarters of 2015, Atea reported revenue of NOK 19.3 billion,
up 13.3% compared with last year. The Group's EBITDA before option and
restructuring expenses was NOK 573 million, up 1.8% from the corresponding three
quarters last year.
Atea expects continued growth in the IT infrastructure market, as organizations
invest in new IT solutions to enhance productivity. This adoption of new
technologies is creating greater complexity for IT departments, and driving
increased demand for specialist competence in IT infrastructure and system
integration. This trend strongly benefits Atea, as a system integrator with
expertise across multiple product platforms.
Based on its leading market position and competitive advantages as an IT
infrastructure and system integration specialist, Atea is becoming an ever more
important partner to customers across the Nordic and Baltic regions, and is
well-positioned to capture the long-term growth opportunities within the IT
infrastructure market.
The interim report and presentation are available at www.atea.com/reports
The press conference is available via webcast at www.atea.com/webcast
The Stock Exchange Announcement is available at www.atea.com/ose
For further information, please contact:
Steinar Sønsteby, CEO Atea ASA, mobile (+47) 930 55 655
Robert Giori, CFO Atea ASA, mobile (+47) 934 09 188
About Atea
Atea is the leading supplier of IT infrastructure and system integration in the
Nordic and Baltic regions with 6,800 employees. Atea is present in 90 cities in
Norway, Sweden, Denmark, Finland, Lithuania, Latvia and Estonia. Atea delivers
IT products from leading vendors and assists its customers with specialist
competencies within IT infrastructure services. Atea had revenue of
approximately NOK 25 billion in 2014 and is listed on Oslo Stock Exchange.
www.atea.com
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Source: Atea ASA via GlobeNewswire
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Unternehmensinformation / Kurzprofil:
Datum: 21.10.2015 - 08:00 Uhr
Sprache: Deutsch
News-ID 428365
Anzahl Zeichen: 3696
contact information:
Town:
Oslo
Kategorie:
Business News
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