Atea ASA Reports Strong Q1 2025 Financial Results

Atea ASA ( (ATAZF) ) has released its Q1 earnings. Here is a breakdown of the information Atea ASA presented to its investors.

Atea ASA is a leading provider of IT infrastructure and related services in the Nordic and Baltic regions, known for its extensive market presence and partnerships with major international IT companies.

In its latest earnings report for Q1 2025, Atea ASA reported strong financial performance with gross sales reaching NOK 13.3 billion, marking a 16.4% year-over-year increase. Revenue under IFRS was NOK 8.6 billion, up 12.5% from the previous year, while EBIT rose by 9.8% to NOK 281 million.

Key financial highlights include a significant increase in hardware and software sales, driven by strong demand across public and private sectors, and a net cash position of NOK 250 million, reflecting an improvement of NOK 367 million from the previous year. However, the EBIT margin slightly decreased to 3.3% due to a higher proportion of hardware sales.

Despite the challenges posed by currency fluctuations impacting net financial items, Atea’s strategic focus on expanding its service offerings and securing large public sector contracts has bolstered its market position. The company continues to benefit from increased public spending on defense and IT security investments.

Looking ahead, Atea expects continued growth in the IT infrastructure market, with projected sales growth of 6-11% and EBIT growth of 10-20% for the full year 2025. The company aims to leverage its competitive advantages to expand market share and enhance profitability.