Reference is made to the share buyback announcement of September 17, 2021.
Atea is providing a trading update to ensure that the financial markets have current information on management’s expectations while the company executes the share buyback.
Management estimates an EBIT in Q3 2021 of approximately MNOK 245 – 260, in line with financial estimates from analysts. The longer term outlook is unchanged. Further information on the business outlook can be found in the Q2 2021 financial report.
For more information, please contact:
Steinar Sønsteby, CEO Atea ASA, mobile (+47) 930 55 655
Robert Giori, CFO Atea ASA, mobile (+47) 934 09 188
Atea is the leading supplier of IT infrastructure in the Nordic and Baltic regions. Atea is present in 84 cities with over 7,000 employees in Norway, Sweden, Denmark, Finland, Lithuania, Latvia and Estonia. Atea delivers hardware and software from leading global vendors, and provides consulting and technical services to support its customers with the design, implementation and operation of their IT environments. Atea had revenue of approximately NOK 40 billion (EUR 4 billion) in 2020 and is listed on Oslo Stock Exchange. www.atea.com