Q2 2022 Atea ASA Earnings Presentation Transcript

Jul 14, 2022 / 06:00AM GMT
Presentation
Jul 14, 2022 / 06:00AM GMT

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Corporate Participants
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* Christian Stangeland
* Robert Giori
Atea ASA - CFO
* Steinar Sonsteby
Atea ASA - CEO

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Steinar Sonsteby - Atea ASA - CEO

Welcome to the Atea Q2 presentation from beautiful Oslo. Before I start, I want to encourage all of you to putting questions already during the presentation that we will take in the end of the session.

A really, really strong Q2, the best Q2 ever for Atea. This comes as we still struggle with supply chain and other imbalanced factors in the world. The demand is very strong and the supply chain becomes better and better during Q2.

And then to the numbers. Revenue came in at more than NOK 12 billion. This is up 11.5% but even higher in constant currency. The EBIT came in at NOK 281 million, which is a growth of 36.5%. And net profit even better at NOK 222 million, up more than 55%. You should believe with that kind of revenue number and growth that backlog would fall

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