Atea’s market position ‘stronger than ever’ in FY25 results

The firm experienced growth across all line of the business and nearly all geographies

Norway-HQ IT solutions provider Atea has shared rising figures for FY25, driven by new contracts as well as demand across the public and private sector.

Top line for the full year reached NOK 37.4bn (£2.9bn), an 8.1 per cent increase from 34.6bn.

EBIT jumped 15.4 per cent to NOK 1.38bn, while gross sales rose 11.7 per cent to NOK 60.2bn.

These figures were propelled by the firm’s Q4 results.

Revenue grew 6.1 per cent to NOK 11.25bn, while EBIT leapt 35.1 per cent to NOK 480m.

Gross sales reached NOK 17.8bn, a 7.8 per cent rise from NOK 16.5bn.

“2025 has been an excellent year for Atea, with high growth rates across all lines of business,” said CEO Steinar Sønsteby.

“Our market position is stronger than ever, as seen by the large new contracts we have won over the last year.

“Our company has also developed its internal capabilities, and we have taken major steps to enhance our operations in multiple business areas.”

Momentum across all units

The firm’s hardware, software and services segments all expanded over the financial year.

Hardware sales grew by 9.1 per cent year-on-year to NOK 26bn.

Software, driven by higher demand across the public and private sector, soared 16.9 per cent to NOK 23.2bn.

Services sales reached NOK 11bn, a 7.8 per cent rise, driven by growth in product support services.

In the fourth quarter, each unit respectively evolved 5.4 per cent, 11 per cent and 7.6 per cent respectively.

Geographic breakdown

Atea recorded revenue increase across most of its core markets in both Q4 and FY25.

In Norway, net revenue rose 4.6 per cent in Q4 to NOK 2.95bn, while FY25 earnings climbed 6.8 per cent to NOK 9.4bn.

Sweden’s Q4 earnings grew 8.5 per cent to SEK 3.9bn.

For FY25 as a whole, turnover evolved 7.6 per cent to SEK 13.5bn.

Denmark was the weakest performer this quarter, as top line declined 8.4 per cent in the DKK 1.6bn, although it still edged up 5.3 per cent to DKK 5.3bn for the full year.

In Finland, revenue increased 6.8 per cent in Q4 to €82.4m, though FY25 results dipped two per cent to €302.1m following weak demand from the public sector earlier in the year.

The strongest uplift came from the Baltics, where revenue surged 41.9 per cent in Q4 to €62.1m.

Over the full year, the region posted growth of 21.7 per cent to €180.3m.

Market trends and outlook

Atea said its performance in 2025 was supported by growth across all lines of business and a stronger market position, driven by large new contracts signed over the past year.

The company also highlighted progress in developing internal capabilities and improving operations across multiple business areas.