Atea reports financial results for Q3 2017
Atea, the leading supplier of IT infrastructure and system integration in the Nordic and Baltic regions, reports strong growth in profitability in the third quarter of 2017.Atea revenue in Q3 2017 was NOK 6,654 million, an increase of 3.9% compared with last year. A weaker Norwegian krone relative to other Nordic currencies positively impacted revenue by 0.9% compared with last year. EBITDA was NOK 269 million, an increase of 14.8% from NOK 234 million in Q3 2016, and reflects higher gross margins based on increased sales of services. EBIT in the third quarter grew by 34.5% to NOK 176