A multi-level sigma-delta Analog to Digital converter provides multi-level outputs using a quantizer with reduced quantization levels. The converter comprises a direct path comprising a computation block, an analog integrator and the quantizer with reduced quantization levels. Further, the converter comprises a feedback path arranged to provide to the computation block a feedback analog signal. The direct path comprises a first amplification block having a gain factor which is the inverse of the gain factor of a second amplification block of the feedback path. The converter allows reduction of the complexity of the quantizer.