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For 2002 <strong>Atea</strong> shows a positive result of nearly SEK<br />
65 million before tax. This is not in line with original<br />
expectations, but despite everything it creates some<br />
freedom and the possibility of continuing businessdevelopment<br />
work.<br />
CHALL<strong>EN</strong>GING YEAR FOR THE <strong>EN</strong>TIRE INDUSTRY<br />
2002 has been challenging for the entire IT-industry,<br />
to say the least. It was predicted that the end of 2002<br />
would be characterised by a degree of recovery and<br />
a renewed will to invest, but instead of growth during<br />
the second half of 2002, the market continued to<br />
be weak. Sales of Home PCs in Sweden and Norway<br />
have contributed to the positive result.<br />
During 2002 Home PCs have been an important<br />
part of Swedish business. <strong>Atea</strong> Sweden has supplied<br />
around 55,000 computers to our customers’ staff.<br />
Norway, too, has a favourable tax system for Home<br />
PCs, and there too <strong>Atea</strong> has increased its market<br />
share in this area.<br />
CONTINUED RESTRAINT<br />
The target group is the 300 or so biggest companies<br />
and organisations in the Nordic countries in question.<br />
This part of the market has been particularly<br />
restrained in its investments in IT-products during<br />
the year. Many companies have chosen to extend<br />
the product’s life span by up to 12 months, thus postponing<br />
their investments.<br />
In 2002 <strong>Atea</strong> has constantly tried to adapt the<br />
organisation to the changed market conditions.<br />
During the year we have also worked on consolidating<br />
our market position in our target group, as a<br />
company and a brand. As a result of this work <strong>Atea</strong><br />
A challenging first year for <strong>Atea</strong><br />
has gained many new and important customers,<br />
incl. the Danish Armed Forces, the Finnish Ministry<br />
of Trade, the Norwegian Post Office and Skanska in<br />
Sweden.<br />
The business concept of the <strong>Atea</strong> Value Chain,<br />
combined with the market-leading makes such as<br />
HP, IBM, Fujitsu Siemens, Microsoft and Dell, has<br />
borne fruit. The role as an independent adviser and<br />
service and logistics partner has been valued by more<br />
and more major customers.<br />
INCREASED FOCUS ON COST AND FUNCTION<br />
The market, formerly driven hard by technical shifts,<br />
has significantly matured. Now, especially in <strong>Atea</strong>’s<br />
segment, it is governed by a balance between good<br />
function and correct cost.<br />
Much is said about Total Cost of Buying (TCB)<br />
and Total Cost of Ownership (TCO). Both concepts<br />
are gaining an increasingly central role in decisions on<br />
purchase of IT-products, and cover even more complex<br />
products such as servers and storage products.<br />
During 2002 <strong>Atea</strong> invested in skills consolidation in the<br />
field of servers and storage products, in order to better<br />
meet customers’ needs. This facilitates a greater<br />
overall grip on all infrastructure products.<br />
A BROADER OFFERING<br />
In 2001 and 2002, when many companies’ finances<br />
were strained, interest in recycling services increased.<br />
It is mainly the possibility of recycling equipment in<br />
new departments and workplaces, or amongst new<br />
staff, that has contributed to this great interest.<br />
The recycling service gives customers the opportunity<br />
to securely delete all sensitive information<br />
5<br />
Managing director’s comments<br />
<strong>Atea</strong> has been operating as an independent group for just over a year, and we can now present our<br />
first twelve-month annual accounts. Thanks to committed staff in our four Nordic subsidiaries, <strong>Atea</strong><br />
has got off to a good start and can summarise 2002 as a tough but profitable year.<br />
from hard disks so the equipment can be sold or<br />
recycled.<br />
THE NORDIC COUNTRIES – ONE MARKET<br />
During 2001 and above all 2002 <strong>Atea</strong> has seen<br />
changed purchasing behaviour in the market for ITproducts.<br />
A number of major Nordic companies have<br />
chosen to centralise the purchasing function on a<br />
Nordic basis. They thus choose to work with a partner<br />
who can manage the Nordic market as an entity.<br />
Centralisation increases standardisation, which in turn<br />
considerably lowers purchase and ownership costs.<br />
<strong>Atea</strong> is established in the four Nordic countries, and<br />
the sales organisation is also used to dealing with<br />
Nordic customers. These companies thus see <strong>Atea</strong> as<br />
a strong alternative.<br />
So as to be able to cope with further changes in the<br />
market, in 2003 <strong>Atea</strong> will be installing a new ERP<br />
(Enterprise Resource Planning) system in Denmark<br />
and Finland – the same system as is currently used in<br />
Sweden and Norway. This will provide even better<br />
possibilities of coordinating purchases and logistics<br />
in future. In addition, in the longer term it will lower<br />
IT-development costs.<br />
2003 – AT LEAST AS TOUGH AS 2002<br />
The challenges experienced in 2002 will continue in<br />
2003. In its December report the Swedish Institute<br />
of Economic Research writes about the state of the<br />
international market: “Recovery is slow, however,<br />
and it is estimated that utilisation of resources will<br />
not rise until the beginning of 2004.”<br />
This will of course also affect <strong>Atea</strong>. Amongst other<br />
things, it will create more stringent cost-control and