Atea reports financial results for Q4 2019
Atea, the leading supplier of IT infrastructure products and services in the Nordic and Baltic regions, reports improved net profit in the fourth quarter of 2019. The improvement was based on higher sales of software and services, and low growth in operating expense. Financial highlights are as follows: · Revenue of NOK 10.2 billion (NOK 10.2 billion) · EBIT before share-based compensation of NOK 330 million (NOK 312 million) · EBIT of NOK 305 million (NOK 309 million) · Net profit after tax of NOK 218 million (NOK 204 million) · Cash flow from operations of NOK 1.9