Q3 2024 Atea ASA Earnings Call Transcript

Oct 23, 2024 / 06:00AM GMT
Operator

Welcome to the Quarter three presentation of the numbers here in a little bit cold and Gray Oslo. I would say almost like our pairs in Europe's numbers over the last couple of quarters.

For that reason, I've really been looking forward to this day to hopefully give our shareholders some comfort in the progress that we make.

When that is said, the market is absolutely unpredictable, and you need to manoeuvre that in a good way. So, let us take a short look at the main numbers.

The revenue came in at NOK8 billion up 3.1% from last year, the EBIT at NOK307 million up 3% from last year and net profit up almost 6% from last year with a good cash flow. We have a healthy balance sheet, but as normally, I'll leave it to Robert to give you the rest of the good news.

Robert Giori - Atea ASA - Chief Financial Officer

(Inaudible) returned to sales and profit growth in the third quarter of 2024 driven by new customer agreements and improved market conditions across most product categories.

Total gross sales in Quarter three was NOK11.3

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