Norway · Delayed Price · Currency is NOK Atea ASA Earnings Call Transcripts
Fiscal Year 2026
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Gross sales and net revenue saw double-digit growth, with record EBIT and net profit driven by strong hardware and software demand. Hardware supply constraints and memory price increases pose risks, but management expects continued robust performance and is confident in handling challenges.
Fiscal Year 2025
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Q4 and full-year 2025 saw strong revenue and profit growth, with robust cash flow and margin expansion. New contracts, especially in defense and public sectors, and a proposed dividend increase highlight confidence for 2026 despite ongoing supply chain and pricing challenges.
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Q3 2025 saw record sales and profit growth, with strong performance across most regions and business lines. Denmark's turnaround is progressing, while Finland remains weak but is expected to recover. Full-year guidance is reaffirmed at the top end for sales and mid-range for EBIT.
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Record Q2 sales and profit growth driven by strong hardware, software, and services performance, with robust results in most regions and ongoing margin pressure from vendor incentive changes. Full-year guidance is maintained, with improvement expected in Denmark and Finland.
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Record Q1 results with 16.4% sales growth and 9.8% EBIT increase, driven by strong performance across all regions and business lines. Full-year guidance raised, with revenue and EBIT expected to exceed industry growth, supported by new contracts and public sector demand.
Fiscal Year 2024
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Q4 2024 saw 15% revenue growth and robust cash flow, driven by strong hardware and public sector demand. Gross margin declined due to sales mix, but normalization is expected in 2025. Key growth drivers include defense, AI, and PC upgrades.
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Q3 2024 delivered revenue and profit growth, with strong software and hardware sales but continued weakness in networking and public sector demand. A share buyback and cost reductions in Sweden are underway, with full-year growth in revenue and EBIT expected.
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Q2 2024 saw stable gross sales and strong cash flow, but EBIT declined due to weaker Swedish performance and normalized hardware demand. Software revenue grew strongly, and the outlook anticipates a return to growth in H2, driven by defense, cybersecurity, and AI.