Atea Q2 2023 financial report and presentation
Atea reported strong revenue growth, higher operating profit and solid cash flow from operations in Q2 2023. · Strong revenue growth: Group revenue in Q2 2023 increased by 17% to NOK 8,870 million. Organic revenue growth in constant currency was 8%. Growth was spread across all lines of business. Hardware revenue grew by 15%, software revenue grew by 17% and services revenue grew by 21%. · Higher operating profit: Based on strong sales performance, Atea’s operating profit (EBIT) grew to a record high NOK 291 million for the second quarter, up from NOK 281 last year. EBIT in Q2