Norway's Itera Q4 revenue up 1%, EBIT margin falls

Itera ASA

13/02/2026 06:24

Overview

Norway-based digital services firm's Q4 revenue increased by 1% yr/yr

EBIT margin for Q4 decreased to 1.8% from 3.5%

Company achieved 17% growth in AI and cloud services

Outlook

Itera expects margin improvement of 1.5-2.0 percentage points in coming months

Itera sees revenue diversification reducing concentration risk and supporting growth

Result Drivers

AI AND CLOUD SERVICES - Itera achieved 17% growth in AI and cloud services, becoming a key growth engine

OPERATIONAL IMPROVEMENTS - CEO Arne Mjøs stated that strengthened regional model and reduced overhead improved execution

NEW CUSTOMER CONTRIBUTION - Customers acquired over the last year contributed 12% to Q4 revenue, reducing concentration risk

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
NOK 213.40 mln
Q4 EBIT
NOK 3.80 mln
Q4 EBIT Margin
1.80%


Analyst Coverage

The one available analyst rating on the shares is "hold"

The average consensus recommendation for the business support services peer group is "buy."

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release: ID:nObiZsLY1a

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)