Aug 16, 2024 / 07:30AM GMT
Arne Mjos - Itera ASA - Chief Executive Officer
Good morning, everyone. Welcome to the second-quarter interim presentation for Itera. We have the same agenda. I will start with the highlights of the quarter and go into the business review section. Then we have Bent Hammer, our Chief Financial Officer, that will deep dive into the financial review and also some comments about the outlook.
(Event Instructions)
Okay. Let's go back to the highlights for the second quarter. If we look at the financial figures in brief, we have a flat organic growth in this quarter. And you see that the EBIT margin for this quarter is 9.4%, and that's also our connect to the market. I will start with saying some comments about the market.
We have seen that the pace of spending is somewhat mixed, but fundamental importance over digital technology has not, I will say, so there is still a strong demand in the different sector like the green transition, of course, but also in areas like cloud migration and modernization, data security, and AI.
In this quarter, I think we see some improvements
Q2 2024 Itera ASA Earnings Call Transcript
Aug 16, 2024
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