Atea reports financial results for Q3 2018
Atea reported very strong growth in revenue and operating profit outside of its Danish business in Q3 2018. In Denmark, the public contracting authorities accepted Atea’s self-cleaning program in September, allowing the company to return to business on normal terms.Financial highlights are as follows: · Revenue: NOK 7.1 billion (NOK 6.7 billion) · Gross profit: NOK 1.7 billion (NOK 1.6 billion) · EBITDA before share based compensation: NOK 249 million (NOK 272 million) · EBIT: NOK 132 million (NOK 176 million) Outside of Denmark, Atea reported revenue growth of 15.7%