Atea Q4 2023 financial report and presentation
Atea reported lower financial results in the fourth quarter of 2023, compared with an exceptionally strong sales period last year. Despite a slower fourth quarter, Atea finished 2023 with record high revenue and EBIT for the full year, and very strong cash flow from operations. Based on solid full year performance and a healthy balance sheet, the Board will propose to the 2024 AGM an increase in the dividend to NOK 7.00 per share, up from NOK 6.25 last year. Gross sales in Q4 2023 increased by 3.2% to NOK 14.4 billion. Revenue (IFRS) fell by 4.3% to NOK 9.4 billion. Currency