Atea ASA (Oslo Stock Exchange: ATEA), the market leader in IT infrastructure in
the Nordic region, today released preliminary revenue and profit figures for the
second quarter of 2020.

  · Revenue of NOK 10.6 billion, up 12% from last year
  · EBIT of NOK 220 million, up 51% from last year
  · Net Profit after tax of NOK 151 million, up 55% from last year

Both revenue and operating profit were at all time high levels for the second
quarter, and cash flow from operations was also very strong. The Board and
Management decided to release the revenue and profit figures ahead of the
scheduled Q2 2020 report date as the results were significantly above market
estimates.

The results announcement is preliminary, and the complete interim financial
statements for the second quarter will be released on July 15.  Management will
present the Q2 2020 results and business outlook by webcast at 08:00 CET on July
15.  A link to the webcast will be published on Atea's website:  www.atea.com .

"While all businesses face uncertainty with the COVID-19 pandemic and its impact
on the global economy, Atea is in a very strong position for the current
economic environment," commented Robert Giori, Atea CFO.

"Atea has unique competitive advantages based on its scale in the Nordic market,
and offers a full range of products, consulting and managed services to support
the needs of its customers. The IT infrastructure market in the Nordic region
has proven to be resilient throughout the economic cycle. Atea has a very solid
customer base, with over 60% of its revenue from the public sector. The
competitive landscape is expected to further consolidate during an economic
downturn, which also favors Atea as the market leader," commented Steinar
Sønsteby, Atea CEO.

For more information, please contact:
Steinar Sønsteby, CEO Atea ASA, mobile (+47) 930 55 655
Robert Giori, CFO Atea ASA, mobile (+47) 934 09 188


About Atea
Atea is the leading supplier of IT infrastructure and system integration in the
Nordic and Baltic regions with more than 7,500 employees. Atea is present in 85
cities in Norway, Sweden, Denmark, Finland, Lithuania, Latvia and Estonia. Atea
delivers IT products from leading vendors and assists its customers with
specialist competencies within IT infrastructure services. Atea had revenue of
approximately NOK 37 billion in 2019 and is listed on Oslo Stock Exchange.
https://www.atea.com