Atea ASA (ATEAY) Q2 2026 Earnings Call Transcript
Atea ASA (ATEAY) Q2 2026 Earnings Call July 15, 2026 11:30 AM EDT
Company Participants
Steinar Sonsteby – Chief Executive Officer
Robert Giori – Chief Financial Officer
Presentation
Steinar Sonsteby
Chief Executive Officer
Welcome. Welcome to the Q2 presentation of the Atea number here in beautiful summerly Oslo. This time, we actually did something we’ve never done before. We moved the presentation from Thursday morning to this afternoon. This is how Oslo looked after being beaten by England in the quarter final of the World Cup. Think how we would have looked if we had beaten Argentina this night. I would probably have been doing this presentation alone, and that would not be good even without Robert. But friends, I am so happy to share the numbers with you. They are equally good as the Norwegian World Cup. After all the buts and ifs in the market, I am so proud to say that revenue this quarter came in at NOK 18.9 billion, up 12.5%. EBIT at NOK 320 million, up 19.2% and net profit at NOK 218 million, up almost 40%.
But I am so happy to also this time have with me Robert, so he can give you all the good news.
Robert Giori
Chief Financial Officer
Thank you, Steinar. Atea reported rapid growth in sales and profitability during the second quarter, driven by strong demand for Hardware and Software. Gross sales in Q2 were NOK 18.9 billion, up 12.5% from last year. Organic growth in constant currency was 19.4%. Currency fluctuations had a negative impact on sales growth of 5.8% as sales in foreign currencies were translated into a stronger Norwegian krone compared with last year.
Hardware sales increased by 21.2% with high demand across all major categories and particularly strong growth in data center and networking solutions. Software and