Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last 69.75 NOK
Change Today 0.00 / 0.00%
Volume 3.5K
ATEA On Other Exchanges
Symbol
Exchange
Stockholm
OTC US
Frankfurt
As of 3:13 AM 07/29/15 All times are local (Market data is delayed by at least 15 minutes).

atea asa (ATEA) Snapshot

Open
69.50 NOK
Previous Close
71.00 NOK
Day High
70.25 NOK
Day Low
69.50 NOK
52 Week High
04/22/15 - 90.82 NOK
52 Week Low
10/16/14 - 61.67 NOK
Market Cap
7.3B
Average Volume 10 Days
114.2K
EPS TTM
3.80 NOK
Shares Outstanding
105.2M
EX-Date
10/12/15
P/E TM
18.3x
Dividend
6.50 NOK
Dividend Yield
8.96%
Current Stock Chart for ATEA ASA (ATEA)

Related News

No related news articles were found.

atea asa (ATEA) Related Businessweek News

No Related Businessweek News Found

atea asa (ATEA) Details

Atea ASA supplies information technology infrastructure products and services in the Nordic Countries and Baltic States. The company provides PCs, tablets, and smartphones; video and Web conferencing, IP telephony, AV solutions, unified communication solutions, and mobility and chat services; and communication and networking products. It also offers software and software asset management solutions; services in the areas of data centers, networks, collaboration, AV, project management, cabling, installation and roll-out projects, client management and operations, technical and hosting services, service desks, configuration and delivery services, and operation and management of applications. Further, it also provides consulting services; and operates eSHOP, which sells hardware, software, accessories, and services online. The company operates in Norway, Sweden, Denmark, Finland, Latvia, Lithuania and Estonia. Atea ASA was founded in 1968 and is headquartered in Oslo, Norway.

6,818 Employees
Last Reported Date: 07/15/15
Founded in 1968

atea asa (ATEA) Top Compensated Officers

Chief Executive Officer and President
Total Annual Compensation: 5.1M NOK
Chief Financial Officer
Total Annual Compensation: 1.3M NOK
Managing Director of Atea Sverige Ab (Sweden)
Total Annual Compensation: kr2.1M
Managing Director of Atea A/S (Denmark)
Total Annual Compensation: kr1.6M
Managing Director of Atea Oy (Finland)
Total Annual Compensation: €225.0K
Compensation as of Fiscal Year 2014.

atea asa (ATEA) Key Developments

Atea AS Enters into Outsourcing Agreement with Komplett

Atea AS has entered into an agreement providing outsourcing services to Komplett. The agreement covers data center operations, data infrastructure, service desk and client management. Komplett has approximately 500 servers and 700 clients spread across locations in Norway, Sweden and Denmark. Atea and Komplett has entered into a long-term agreement with a duration of 5 years and an estimated value of NOK 70 million.

Atea Reports Group Earnings Results for the Second Quarter and First Half Ended June 30, 2015

Atea reported group earnings results for the second quarter and first half ended June 30, 2015. For the quarter, the company reported revenue of NOK 6,842.1 million, an increase of 14.4% compared with last year. EBITDA before option and restructuring expenses decreased by 11.2% to NOK 157.2 million, down from NOK 177 million in the corresponding quarter last year. EBITDA was NOK 156.4 million against NOK 192.5 million a year ago. Operating profit was NOK 56.5 million against NOK 107.4 million a year ago. EBIT was NOK 56.5 million against NOK 89.2 million a year ago. Net profit was NOK 24.5 million or NOK 0.23 per diluted share against NOK 54.8 million or NOK 0.52 per diluted share a year ago. Cash outflow from operations was NOK 21.6 million against cash inflow from operations of NOK 424.7 million a year ago. The strong growth in revenue during the second quarter of 2015, but with lower operating profits due to reduced profitability in the Danish and Norwegian business units. For the first half of 2015, the company reported revenue of NOK 13.3 billion, up 12.4% compared with last year. EBITDA before option and restructuring expenses was NOK 359.4 million, up 0.5% from the corresponding first half of last year, reflecting a strong performance in first quarter and a decline in second quarter. EBIT was NOK 156.5 million against NOK 179.6 million a year ago. Net profit was NOK 92.9 million or NOK 0.88 per diluted share against NOK 125.4 million or NOK 1.21 per diluted share a year ago. Cash inflow from operations was NOK 3.2 million against NOK 275.3 million a year ago.

Atea Signs Agreement with Norwegian Labour and Welfare Administration

Atea AS has signed agreement with the Norwegian Labour and Welfare Administration (NAV) for products and services to their networking solution. The purpose of the agreement is to ensure future development of the networking solution, and enable establishment of new data communication services for NAV. The agreement is estimated to have an annual value of NOK 40-60 million and will remain in force for 4 years, with the possibility for up to 2 years extension. Atea shall deliver data communication access to approximately 670 offices in Norway, with redundant access to central datacenters and fiber links between them. In addition, Atea shall deliver services, software and network equipment supporting the solution. Atea won this contract because the company had the most economically advantageous offer. The award criteria emphasized cost with 40% and quality with 60%.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
ATEA:NO 69.75 NOK 0.00

ATEA Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Link Mobility Group ASA 40.00 NOK 0.00
View Industry Companies
 

Industry Analysis

ATEA

Industry Average

Valuation ATEA Industry Range
Price/Earnings 18.2x
Price/Sales 0.3x
Price/Book 2.4x
Price/Cash Flow 9.3x
TEV/Sales 0.2x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact ATEA ASA, please visit www.atea.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.