Atea Q1 2023 financial report and presentation
Atea reported another consecutive quarter of strong sales growth, record profits and solid cash flow from operations in Q1 2023. · Rapid revenue growth: Group revenue in Q1 2023 increased by 26% to NOK 8,692 million. Organic revenue growth in constant currency was 19%. Growth was spread across all countries and all lines of business. Hardware revenue grew by 28%, software revenue grew by 38% and services revenue grew by 19%. · Record high operating profit: Based on strong sales performance, Atea’s operating profit (EBIT) increased by 37% to a record high NOK 250 million in the