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Atea ASA Comments on FY 2015 Financial Goals


Friday, 12 Jul 2013 01:49am EDT 

Atea ASA announced that the Company plans to revisit its fiscal year 2015 financial goal during 2013. In November 2011, Atea launched the Together Towards The Top strategy, which sets the stage for Atea's development towards 2015. The goal of the strategy is to increase revenue to NOK 30 billion and EBITDA to NOK 1.8 billion by 2015. A key assumption for achieving this financial goal was that the market conditions would be positive and that the market would grow at an average rate of 4.3% from 2011 to 2015. In light of the market development in 2012 and IDC's expectations for 2013, Atea will monitor the development during 2013 and will revisit the goal later during the year. 

Company Quote

73.0
-0.75 -1.02%
28 Nov 2014