Brief: Atea Q3 EBIT Up At NOK 215 Mln

Atea ASA

21/10/2020 06:10

Oct 21 (Reuters) - Atea ASA  ATEA.OL :
    * Q3 REVENUE IN Q3 2020 WAS NOK 8,185 MILLION, AN INCREASE
OF 4.6%
FROM LAST YEAR
    * Q3 EBIT INCREASED BY 18.6% TO NOK 215 MILLION, WITH SOLID
GROWTH
IN NEARLY ALL COUNTRIES
    * REPORTED EXCEPTIONALLY HIGH GROWTH IN SOFTWARE SALES
DURING
QUARTER, WITH SOFTWARE REVENUE UP 16.0% FROM LAST YEAR
    * ATEIN DENMARK, ATEA RETURNED TO PROFITABILITY IN Q3 OF
2020
    * DIVIDEND TO SHAREHOLDERS OF NOK 5.00 PER SHARE
    * EXPECTS THAT THE SERVICES BUSINESS WILL RETURN TO A HIGHER
GROWTH RATE IN 2021, WITH STRONGER DEMAND FOR IT ADVISORY AND
MANAGED SERVICES

Source text for Eikon:  ID:nWkr8hbYdV 
Further company coverage:  ATEA.OL 

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