Itera ASA (ITE.OL,IRI.F), a business solution provider, Friday reported swinging to profit on a per-share basis compared to last year, backed by 7 percent revenue growth in the third quarter.
The firm reported moving to profit on a per share basis to 0.04 Norwegian krone compared to a loss per share of 0.01 Krone a year ago.
EBIT increased 5040 percent to 7.6 million Kroner from 0.1 million Kroner in the prior year.
EBIT margin increased by 3.8 points to 3.8 percent from 0.1% in the last year.
Revenue increased to 196.3 million kroner from 184.2 million kroner a year ago.
In addition, a supplementary dividend of 0.10 Krone for 2024 to be paid on December 9.
In the Frankfurt market, the shares are trading 1.17 percent lower at 0.670 euros.
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