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2012-02-15

Continued strong growth

2011 in brief

  • Net turnover increased by 61 % to SEK 2 232 (1 387) million.
    • EBITDA increased by 28 % to SEK 121.5 (94.9) million.
    • Profit before tax fell by 40 % to SEK 41.9 (70.1) million. Profit was affected by acquisition expenses amounting to SEK 12.7 million, planned depreciation amounting to SEK 18.9 million and interest expenses of SEK 12.0 million linked with acquired companies.
    • Profit after tax fell by 44 % to SEK 29.4 (52.5) million
    • Profit per share fell by 50 % to SEK 2.69 (5.43).
  • Return on equity amounted to 14.7 (28.6) %.
  • The Board of Directors proposes that the Annual General Meeting should elect to pay a dividend of SEK 1.00 (1.50) per share.

The fourth quarter in brief

  • Net turnover increased by 47 % to SEK 699 (476) million
    • EBITDA amounted to SEK 37.1 (37.6) million.
    • Profit before tax fell by 58 % to SEK 12.8 (30.6) million. Profit was affected by planned depreciation amounting to SEK 4.4 million and interest expenses of SEK 4.0 million linked with acquired companies.
    • Profit after tax fell by 64 % to SEK 8.2 (22.7) million.
  • Profit per share fell by 62 % to SEK 0.89 (2.35).

Olof Sand, CEO, Telephone: 08-410 666 82 E-mail: olof.sand@proact.se

Mikael Suvero, IR Telephone: 08-410 666 55 E-mail: mikael.suvero@proact.se

Jonas Persson, CFO Telephone: 08-410 666 90 E-mail: jonas.persson@proact.se

About Proact 

Proact is a specialist in storage, archiving and securing large volumes of mission-critical information. As an independent integrator, Proact provides systems, support and consulting services within its focus area of data storage and archiving.

The Proact Group has more than 640 employees and conducts business in Belgium, Czech Republic, Denmark, Estonia, Finland, Great Britain, Latvia, Lithuania, The Netherlands, Norway, Slovakia, Spain and Sweden. Proact was founded in 1994 and its parent company, Proact IT Group AB (publ) has been listed on Nasdaq OMX Stockholm since 1999 under the symbol PACT.

Additional information about Proact is available at www.proact.eu

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