Atea reports financial results for Q2 2019
Atea, the leading supplier of IT infrastructure products and services in the Nordic and Baltic regions, reports solid growth in revenue and profitability in the second quarter of 2019.Financial highlights are as follows: · Revenue: NOK 9.5 billion (NOK 9.1 billion) · EBIT: NOK 145 million (NOK 127 million) · Net profit: NOK 97 million (NOK 84 million) · Cash flow from operations: NOK 873 million (NOK -302 million) Atea’s revenue in Q2 2019 was NOK 9,487 million, an increase of 4.3% from last year. Adjusted for acquisitions, Atea’s pro forma revenue growth was 4.0%.