Atea Q1 2022 financial report and presentation
Atea, the leading provider of IT infrastructure products and services in the Nordic and Baltic regions, reported increased sales and operating profit in the first quarter of 2022 despite an industry environment challenged by supply shortages. Atea’s gross sales in Q1 2022 was NOK 10,085 million - an increase of 5% in constant currency, with high growth in sales of both software and services. Currency fluctuations had a negative impact on reported growth, as revenue in foreign currencies was translated into a stronger Norwegian krone. Sales of software grew by over 15% in constant