Atea Denmark maintains growth in the first quarter of 2022

Atea Danmark maintains growth, while continued global delivery challenges as well as rising freight rates leave their mark on the bottom line, which ends in a minor minus.

Atea Danmark has today presented accounts for the first quarter of 2022, which show a turnover of DKK 1.65 billion, which lives up to the company’s expectations.

Kathrine Forsberg

In Q1 2021, Atea landed the largest single order (DKK 388 million) in the company’s history, and adjusted for this, Atea Denmark will grow in Q1 2022 by DKK 163 million.

However, the growth achieved is not sufficient to compensate for, among other things, increasing freight and handling costs, which is why the final result before tax (EBIT) ends at DKK -11 million against DKK 0.2 million in Q1 2021.

“It should be no secret that our first quarter has been marked by delivery challenges and increased freight rates. When the big global gears do not run quite as expected, it can be seen on the bottom line, and we have spent a lot of effort on re-planning and trying to help our customers meet their needs in the best possible way, ”says Kathrine Forsberg, CEO of Atea.

More value in the future

In general, I am very confident, because I know that Atea is facing a bright future. The delays in deliveries have meant that we already have a very large order book for 2022, and we delivered a satisfactory 2021 financial statement. In addition, I expect that we can generate even more value for our customers when Atea’s acquisition of KMD’s hardware and standard software business will hopefully soon be approved by the competition authorities, ”says Kathrine Forsberg.

In March, Atea entered into an agreement to acquire KMD’s hardware and standard software business, which has annual sales of three figures and includes 24 employees.

Strengthened position in the public market

Atea has also entered the new year well with a strengthened collaboration with the public sector. At the beginning of the year, Atea was chosen as a supplier of software licenses to the country’s 87 municipalities and all the country’s regions on SKI agreement 50.49. In addition, Danmarks Nationalbank and Atea have signed an operating agreement for a triple-digit million amount, which includes the management of all Danmarks Nationalbank’s IT workplaces, unit administration and branch networks.

“We are feeling a high demand for our consulting business, and recently we have added another contract to our strong public portfolio, where we can now include the operation of Danmarks Nationalbank’s IT workplaces. To that extent, it strengthens our market position and supports our ambition to build Denmark with IT, ”says Kathrine Forsberg, CEO of Atea.

The Atea Group delivers an overall plus

The combined Atea Group, the Nordic region’s largest supplier of IT infrastructure with more than 7,500 employees in Norway, Sweden, Denmark, Finland, Lithuania, Latvia and Estonia, will start in 2022 with revenue (including hardware, software and services) in the first quarter of NOK 10.1 billion and a bottom line (EBIT) with a plus of NOK 183 million.


Source: IT-Kanalen by it-kanalen.dk.

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