Brief: Atea Preliminary Q2 EBIT Up At NOK 220 Mln

Atea ASA

07/07/2020 15:36

July 7 (Reuters) - Atea ASA  ATEA.OL :
    * ATEA ISSUES PRELIMINARY Q2 2020 FINANCIAL RESULTS - PROFIT
SIGNIFICANTLY
    * BOTH REVENUE AND OPERATING PROFIT WERE AT ALL TIME HIGH
LEVELS
FOR Q2, AND CASH FLOW FROM OPERATIONS WAS ALSO VERY STRONG
    * ATEA IS IN A VERY STRONG POSITION FOR CURRENT ECONOMIC
ENVIRONMENT -CFO
    * Q2 REVENUE OF NOK 10.6 BILLION, UP 12% FROM LAST YEAR
    * Q2 EBIT OF NOK 220 MILLION, UP 51% FROM LAST YEAR
    * Q2 NET PROFIT AFTER TAX OF NOK 151 MILLION, UP 55% FROM
LAST
YEAR

Source text for Eikon:  ID:nObiklm6na 
Further company coverage:  ATEA.OL 

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