Hi, and welcome to the Q1 2024 presentation of the Atea results here from rainy Oslo. Revenue came in at NOK 7.6 billion, gross profit at NOK 2.6 billion, and EBIT at a record high NOK 256 million, which gives us a net profit of NOK 192 million. A very, very good quarter overall. You'll hear us talk about tough comparisons in this presentation. It's not because the market a year ago was bouncing and now is very low, but we'll get back to that. So that is the cliffhanger. Over to you, Robert. Thank you, Steinar. Atea reported higher operating profit in the first quarter, driven by growth in its software and services business and by improved gross margins in all business lines. Total revenue was NOK 7.6 billion, down 12.5% from an exceptionally strong quarter last year, when Atea's revenue grew by 26%. The revenue decline was driven by lower hardware shipments, which fell by 19.5% from last year. In Q1 last year, Atea had an unusually high level of hardware deliveries. This was driven by a couple of factors. On the supply side, global constraints in hardware manufacturing were easing, and Atea was able to ship a large number of customer orders which had been held up in backlog. This was the primary impact that we had on sales last quarter. On the demand side, customers were investing large sums to upgrade their workplace IT environments as the employees returned to on-premise work following the COVID pandemic. These short-term tailwinds have faded since the second half of 2023, and hardware volumes have returned to a more normal level of demand. As a result, we're seeing lower hardware revenue compared with the exceptionally high hardware sales deliveries last year. Otherwise, software revenue grew by 8.4% from last year, with higher demand from the public sector. Service revenue grew by 3.7%, driven by strong sales of managed service agreements. Gross margin increased to 33.6%, up from 28.9% last year, based on higher hardware margins, an increased percentage of software and services in the revenue mix. With higher gross margin and low growth in operating expenses, Atea's EBIT grew by 2.2% to NOK 256 million. Net profit after tax increased by 9.6% to NOK 192 million. If we look beyond the year-over-year comparison, Atea's longer-term growth trend remains favorable. Over the two-year period, from Q1 2022 to Q1 2024, Atea's revenue grew at a compound annual growth rate of 4.9%. During this two-year period, hardware revenue grew by 1.4% per year, software revenue by 22.2% per year, and services revenue grew by 11.3% per year. EBIT over this two-year period grew at a compound annual growth rate of 18.3%, and net profit grew at a compound annual growth rate of 21.1%. Atea's business remains on a good track, but shipments and deliveries are simply returning to the long-term trend line after a period of abnormally high shipments last year. We'll now take a closer look at revenue and profit development across the countries in which we operate. Atea faced the same overall business trend in all countries, with slower hardware shipments offset by improved gross margins. The impact on Atea's revenue was less severe in Norway, Sweden, and the Baltics. Despite a slower hardware business, Atea managed to increase its operating profit from last year in all of these countries based on higher margins and cost control. The revenue impact was more severe in Denmark and Finland, and these countries saw a decline in EBIT from last year. In Denmark, revenue fell by 32.5%, as two major public sector frame agreements were inactive due to ongoing tender processes. Both frame agreements were awarded to Atea during Q1. With sales returning and resuming on these new frame agreements, Atea Denmark expects to return to revenue growth from next quarter. In Finland, revenue fell by 15.1% from last year. Last year, Atea had very high shipments to the public sector due to a large reorganization within healthcare. In sum, EBIT for the Atea group grew by 2.2% in Q1 2024, as lower profits in Denmark and Finland were offset by higher profits in the rest of the business. Now, a word on our cash flow and balance sheet. Atea's cash flow from operations was an outflow of NOK 903 million in the first quarter of 2024. As you can see on this chart, Atea's cash outflow in Q1 2024 is in line with normal seasonal trends, where operating cash flow is typically negative in the first quarter due to higher working capital requirements. This negative trend was stronger than usual last quarter due to the timing of the Easter public holidays right at quarter end. This resulted in some delays of cash collection into April. In contrast, Atea had abnormally high cash flow in Q1 last year relative to the seasonal trend, as Atea's working capital balances fell from their temporary elevated levels at the end of 2022. At the end of Q1 2024, Atea had a net debt of NOK 117 million, as defined by Atea's loan covenants. This corresponds to a net debt EBITDA ratio of 0.1. Atea's net debt balance at the end of Q1 2024 was NOK 4.8 billion, less than the maximum allowed by its loan covenants. The company has a strong balance sheet and significant additional debt capacity before its loan covenants would be reached. That concludes the presentation of the results. I'll now hand the podium back over to Steinar to discuss the outlook for Atea's business for the remainder of 2024. Thank you, Robert. So let's look at this in a bigger picture. On this slide, you see the growth figures over the last many quarters. In the last 4 years, it's been difficult to predict and follow the revenue of Atea. 4 years ago, the pandemic hit, and we had the race to the home office, and even though we were pretty well equipped in the Nordics and Baltics, we still saw a race in revenue to support that new infrastructure. And then about a year and a half later, we saw the race back to the office, and the office had been neglected for a couple of years and needed an upgrade, especially on video and networking in general. At the same time, the supply chain constraint had occurred, and we couldn't really deliver what we sold in most of 2021 and beginning of 2022. And then the supply chain issue started to ease, and you saw the four, five quarters in the later part of 2022 and beginning of 2023, where we had revenue growth on hardware of almost 30% in some of these quarters. The underlying market through all of this have been pretty stable, actually, but the revenue in our books have looked differently. We are now, and we have said this for the last 12 months, we are entering a more predictable period, where growth are supported by digitalization, by security, and by AI, and will return to high single digits for the next many quarters. We still, though, have Q2, where last year we had a high growth, and so our prediction is that you'll see more of the same, but less of an impact, meaning we think that we will grow EBIT also this quarter, as we have for so many quarters behind us, with a more or less flat revenue. Let's look at some of these drivers that supports my prediction. My prediction being revenue growing high single digits in the years to come, but a little slower in Q2. We have won the two biggest contracts in Denmark that we ever have. One, the 50.03, which we've started delivering on full throttle in April, which is server and storage. And then the second one, the biggest one, the 50.40, which is PCs, which we will start delivering full throttle on during this quarter. Both these contracts are expected to last for four years and support the underlying positive development we've seen in Denmark for the last three to four years. Then something that I think is in the mind of all of us, we've entered a different period in Europe, maybe even the world, and defense will be high on the agenda for all countries, for all politicians. And specifically in our region of the world, where we are closer to the first war in Europe since the Second World War, this is an even bigger concern. Sweden and Finland, Finland has entered NATO, and even more so, all the countries in the Nordics and Baltics are in NATO, and we will see a Nordic-Baltic alliance within the NATO alliance. You've also read and heard, if you are living in this part of the world, about the increased defense budgets in all of these countries and how important IT will be in the buildup or rebuild of the defense sector in this part. We are a big supplier to the defense, and we are expecting a growing demand from this part of the market. We had expected that to be higher in 2023 than it actually ended up being. Maybe we just had too high expectations to our politicians. And then IT security. IT security, alongside AI, maybe because of AI, is predicted to be the fastest growing part of our revenue in the years to come, and there are many reasons for this. The unstable situation, and the war, and the situation between the U.S. and China, and many other unstable and parts of the world where things have become more complex are, of course, highly part of this. But also the NIS2 Directive in the E.U., which demands certain investments and training in IT security for European, for most European companies, and most of our customers, will also be supporting the growth of that revenue. We also spoken about the Windows 10 end of life. It's actually interesting to see how many people have missed that trend when we look back, and how many are now starting to understand that they actually have to have a major shift in their infrastructure to be able to upgrade to Windows 11, which has a totally different IT security platform within it. So several of these trends will support it, each other, and we believe there will be a massive investment in PCs, as pretty modern PCs cannot run Windows 11. And I have to say, I was supposed to be upgraded to Windows 11 last week, but my PC couldn't support it, so I'm still on Windows 10. And then, of course, it's difficult not to speak about AI. AI is something that will fundamentally change how we do everything going forward. If you question that, I'd like to have that discussion. The big question, though, is how fast? And as everything with technology, it takes a little longer than what we think. But the fact that AI, the next 5-10 years, will be driving massive investments in infrastructure is a fact. It'll drive massive investments in power or electricity and facilities. This will be the guaranteed driver for our business in many years to come. Some will choose to do this in the cloud, some will choose to do this on-prem. Most will probably choose to do this as a hybrid solution. And we are so much looking forward to supporting that development. So if you look at our revenue over the last four years, as discussed in this part of my presentation, this is a four-rolling quarter presentation, so you have to look at it that way. But you see a development where, in the last part of 2021 and beginning of 2022, it looks like the market was slowing. It wasn't. We built massive backlog. Actually, in that part of the history, we built backlog in the size of about NOK 3 billion-NOK 3.5 billion, and most of it, of course, being hardware. And then, around the later part of 2022 or beginning of 2023, we saw the supply chain problems ease. It looks like we were jumping like a kangaroo here in the revenue, but actually, we just started delivering what we had sold in the two years before. Now, we're entering a more predictable and better, for us, period, because it's easier to drive a company and improvements when things are predictable. We'll keep on growing the EBIT, and we're looking forward to presenting to you in the quarters to come. We will now go to Q&A. Thank you, Robert Giori. Our first question here is: looking at the fluctuations, how should we read hardware versus software development in all of this? Yeah, so I think it's interesting when you look at our revenue and when you divide it that way, hardware, software, and services. You'll see that everything you look at quarter by quarter over the last year support exactly what I'm saying, because you'll see that software is pretty linearly increasing every quarter, and so are services, while hardware is going up and down because of the supply chain problems. So I think what you'll see going forward is that software grows a little bit faster than hardware. We've said this many times, there are more intelligence put into software than hardware these days. Doesn't mean that hardware will not grow, but a lot of vendors split their products into hardware and software, and put more emphasis on upgrading the software from the cloud. So software will grow, grow a little faster than hardware. They'll both grow, and they'll be supported by our investments in growing the services. Thank you. Our next question is: How do you see the cash flow for the rest of the year? I think cash flow is gonna be we're gonna have a very good year in 2024 on cash flow. Q1 was a bit slower at the start. I mean, seasonally, it was in line with ordinary trends, that we have a weaker cash flow in Q1. But it was a little bit lower than, you know, the average that we've seen over the past years. There was a very good reason for that. That was the Easter holiday. We had our overdues, which were less than seven days, so, you know, just a few days overdue, jumped by NOK 500 million versus where they were last year and where they were the year before that. We saw a lot of collections which were just postponed by a few days when you see your overdues by just a few days, you know, extending by that much. That should normalize in Q2, and we have every expectation that we're gonna have a strong cash flow for 2024. Good. Next question here is: how sustainable do you think the gross margins are going forward? Well, gross margins, if you, if you look at this, product group by product group and not collectively, so gross profit on services, should be pretty stable. When we give out the numbers of gross profit on services, salary is not a part of it. So, you know, when you look at that, it should be pretty stable. When you look at the software side of the house, it's interesting because within our software is also cloud, because most of the cloud that we sell is actually software as a service. So software sold from the cloud. That part of our business should have a growing, a growing, gross profit. Not massively, but growing. And you've seen this over the last 4 or 5 years, it's been growing from high 6 point something to now a high 8 point something. When it comes to the hardware, it was higher in this quarter than what we on average expect. So our gross profit on hardware over the last 12 years have been in the bracket between 12.3% and 14.234%. And so mostly it's in the area of 13.5%, and that's what I think most people can pencil in. But it was a little bit higher than we predicted in this quarter. But we are also in general working very hard to bring all the gross profit numbers up, and it's not true that a lot of people think that these are constantly falling. That's not how our business have developed over many years. Thank you. A new question. Good cost development, sorry, in the quarter. Any particular one-offs or anything we should be aware of on OpEx or on the COGS side? No, nothing, really on OpEx. The COGS, as far as the gross margin that we had in Q1, was high due to the business mix that we had. We had more software and services. Software margins in IFRS revenue are at 100%. Services are, you know, above 60%. So with a higher increase of software and services within the revenue mix, that pushes up the margins that we have on that. Also, hardware was disproportionately higher margin hardware, and that was just due to fewer very large deliveries to the public sector, especially within Denmark, that would typically drag down the hardware margins. So overall, we had a very good mix of business in Q1, but no one-offs. It was just a very good mix of business that we had in Q1 when it comes to the gross margins. But just to be more specific on the cost, there were no one-offs on the cost. You know, the people analyzing us have to understand that we have a high variable part of our cost, so we can turn that up and down, you know, with a high percentage without going up with what that is. So especially in Denmark, we turn, of course, because of their revenue, the cost down, and so on. But no one-offs, no major changes. I'll just point out one final thing. Headcount was down year-over-year. That's been something we've been telling people is gonna happen as we've been, you know, just adjusting the headcount base for slower revenue, that this was gonna come down, and we saw that already in Q1. Thank you. Operating free cash flow question here. This is a bit of a longer one. The operating free cash flow is a little on the weaker side. There are seasonal fluctuations, Q1 not as strong as Q4, but there's a higher amount tied up in capital for Q1 2024 compared to last year in Q1. How should we think of this going forward in 2024? This was just due to, as I was just mentioning- Yeah ... this is due to one-off factors, temporary factors. A large part of that had to do with the seasonality of when the Easter holiday hit at the very end of the quarter. Overdues, which were seven days or less, was up by over NOK 500 million versus what we saw last year and the year before that, and there's no fundamental reason why you know, things that are just a few days overdue would jump by that much, aside from the Easter holiday. This is gonna normalize in Q2, so I wouldn't worry about this at all. Thank you. All right, and our final question for today comes from a shareholder: "I'm not actually interested in one quarter or the next quarter. Can you give us some comments on a longer horizon, and any comments to the next years? Yeah, we have a lot of shareholders that are long-term, and most of them actually have, of the big shareholders, have been shareholders since before I became CEO more than 10 years ago. So, thank you to all of those shareholders. But as I think I commented on in the presentation, we've had 4 years now, which have been very, very difficult to predict for the shareholders and also for us. We've done well. We've grown EBIT every quarter, even with that unpredictable and complex situation. We believe that we're entering a more predictable part of the world. But, you know, there are complexity here, but we think it'll be more predictable, and we think we will come back to our long-term guiding, which is high single-digit growth of revenue and EBIT growing 2-3 times that. And if you look at a CAGR over the last two years, we're actually on the high side of that EBIT prediction. So that is what we look at, and the reason for it is the five reasons of growth that I just went through. And as we have growth, it's easy to have EBIT grow. The scalability in the business is that way. So with that, to all of you in the room and all of you that have followed digitally, we hope we have surprised you positive on the EBIT side. We'll work hard to do the same thing in Q2. Until then, thank you.