In the first quarter of 2013 was Atea revenue in excess of five billion dollars, representing growth of 5.7 percent compared to the first quarter of 2012.
Software revenues increased by 26.7 percent, services revenue increased by 7.4 percent, while hardware revenue declined by 1.2 percent.
EBITDA in the first quarter of 2013 totaled 141 million, and cash flow from operations in the negative with -224 000 000 million, up nearly 200 million from the first quarter of 2012.
The financial turmoil in Europe continued to affect the Nordic IT infrastructure market in the first quarter of 2013, according to the company, and reported weak market and margins under pressure, especially when it comes to hardware segment.
particular, the demand for servers and PCs that have gone down.
Also read: Software promises Atea
– It is gratifying that, in spite of difficult market conditions in the first quarter has continued to gain market share, says Claus Hougesen in Atea.
In the first quarter of 2013 Atea announced also the acquisition of Ital AS in Norway and Exait AB in Sweden. Ital is a provider of mobile solutions and sell both products and services in the rapidly growing market for smartphones and tablets.
Exait is recognized as a strong service organization, serving the northern part of Sweden. The acquisition will strengthen Atea’s market position and service organization in the region significantly.
Atea is currently affected by the strike.
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