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2014-10-21

Profit development remaining stable and increased cloud revenue

Nine months in brief

  • Revenue increased by 3% to SEK 1,620 (1,568) million, and revenue remained unchanged when adjusted for currency effects.
  • EBITDA amounted to SEK 100.9 (87.5) million. When adjusted for non-recurring items in the first nine months of 2013 (SEK -9.6 million), EBITDA increased by 4%.
  • Profit before tax amounted to SEK 55.2 (20.7) million. When adjusted for non-recurring items in the first nine months of 2013 (SEK -14.8 million), profit before tax increased by 55%. 
  • Profit after tax increased by 154% to SEK 38.4 (15.1) million.
  • Profit per share increased by 253% to SEK 3.92 (1.11).
  • Return on equity over the last 12 months amounted to 20.2 (11.7) %.

The third quarter in brief

  • Revenue increased by 2% to SEK 455 (445) million, and revenue fell by 3% when adjusted for currency effects.
  • EBITDA fell by 8% to SEK 31.3 (33.9) million. 
  • Profit before tax increased by 30% to SEK 17.1 (13.2) million. 
  • Profit after tax increased by 24% to SEK 11.3 (9.1) million.
  • Profit per share increased by 31 % to SEK 1.17 (0.89).

For further information, please contact:

Martin Ödman, CEO, Tel +46 733 56 68 11, e-mail: martin.odman@proact.eu
Peter Javestad, Vice President / IR, Tel +46 733 56 67 22, e-mail: peter.javestad@proact.eu
Jonas Persson, CFO, Tel +46 733 56 66 90, e-mail: jonas.persson@proact.eu

About Proact
Proact is Europe’s leading independent integrator in the fields of data storage and cloud solutions. Proact supplies business benefits by helping companies and authorities over the world to reduce risk and costs, and above all, to supply flexible, accessible and secure IT services.

Proact solutions cover all elements of data storage, including virtualisation, network functions and security, and the company has more than 3 500 successful projects behind it, along with vast information volumes which are managed at the Proact data centre.

The Proact Group has more than 660 employees and conducts business in Belgium, Denmark, Estonia, Finland, Germany, Latvia, Lithuania, the Netherlands, Norway, Slovakia, Spain, the United Kingdom, Sweden and the Czech Republic. Proact was founded in 1994. Proact IT Group AB (publ), its Parent Company, has been listed on the Nasdaq Stockholm since 1999 under the symbol PACT.

For further information about Proact’s activities please visit us at www.proact.eu

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