Atea ASA (ATEAY) Q2 2025 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Atea Asa.

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.158 Good morning, good afternoon around the world, and welcome to the 00:00:05.158 -- 00:00:10.045 Q2 presentation for the Atea Numbers. 00:00:10.045 -- 00:00:15.452 It's been an eventful quarter to see the least, with record high 00:00:15.452 -- 00:00:21.558 revenue and a good development all around. 00:00:21.701 -- 00:00:26.948 Many of our competitors are struggling, but we feel well 00:00:26.948 -- 00:00:28.887 positioned. 00:00:28.887 -- 00:00:33.893 I also want to remind you that we'll take a Q&A in the end of 00:00:33.893 -- 00:00:39.217 the presentation, so get your questions in digitally. 00:00:39.480 -- 00:00:43.002 So, to the numbers. 00:00:43.685 -- 00:00:46.609 Gross sales came in at 16.8 00:00:46.609 -- 00:00:51.913 billion Norwegian kroners, up 14.4%. I'll 00:00:53.357 -- 00:00:59.330 challenge you to find any IT company in our industry growing faster. 00:00:59.330 -- 00:01:02.493 EBIT came in at 268 00:01:02.493 -- 00:01:05.414 million, up 10.4%. 00:01:06.497 -- 00:01:10.782 And net profit at 157 Norwegian 00:01:10.782 -- 00:01:12.782 millions, 00:01:12.824 -- 00:01:14.944 up 13.3% 00:01:15.266 -- 00:01:19.388 from same quarter last year. 00:01:21.132 -- 00:01:26.177 As always, I will leave it to Robert 00:01:26.177 -- 00:01:29.499 to give you all the good news. 00:01:29.502 -- 00:01:31.502 driven 00:01:53.156 -- 00:01:57.740 by strong growth in sales across all lines of business. 00:01:57.937 -- 00:02:02.982 Gross sales in Q2 were 16.8 billion Norwegian krona, up 14.4% 00:02:02.982 -- 00:02:06.366 from last year. After 00:02:06.366 -- 00:02:13.231 adjusting for changes in currency rates, organic growth in constant currency was 10.0%. 00:02:14.174 -- 00:02:17.177 Hardware sales increased by 11%, 00:02:17.177 -- 00:02:21....