Atea reports financial results for Q1 2017
Atea, the leading supplier of IT infrastructure and system integration in the Nordic and Baltic regions, reports continued growth in revenue and operating profit in the first quarter of 2017, despite currency headwinds from a stronger Norwegian krone. Atea revenue in Q1 2017 was NOK 7,360 million, an increase of 1.6% compared with last year. A stronger Norwegian krone relative to other Nordic currencies negatively impacted revenue by 5.0% compared with last year. EBITDA was NOK 199 million, an increase of 3.1% from NOK 193 million in Q1 2016, as operating expenses grew at a lower