Atea reports financial results for Q3 2019
Atea, the leading supplier of IT infrastructure products and services in the Nordic and Baltic regions, reports strong growth in revenue and profitability in the third quarter of 2019. Atea’s revenue in Q3 2019 was NOK 7,829 million, an increase of 10.3% from last year. Revenue grew across all lines of business, with particularly strong growth in software and services. EBIT in Q3 2019 increased by 37.3% to NOK 181 million, based on higher revenue and a flat trend in operating expenses compared with last year. Profit before tax was NOK 171 million, compared with NOK 120 million last