Interim Report January-September 2004

INTERIM REPORT January - September 2004 Stable service revenue despite a weak market Stable service revenue and lower overhead characterized the third quarter. Continued restraint in the marketplace resulted in lower systems revenue than planned. Third quarter summary - Revenues amounted to MSEK 177.2 (128.2), of which service revenue was MSEK 94.3 (75.3). - The operating result before amortization of goodwill (EBITA) amounted to MSEK -0.6 (-4.1). - The net result was MSEK -4.9 (-7.2). - Liquid funds amounted to MSEK 70.3 (117.9) at the end of the period. - The number of employees was 363 (272) at the end of the period. January - September in summary - Revenues amounted to MSEK 582.2 (485.9), of which service revenue was MSEK 299.6 (250.6). - The adjusted operating result before amortization of goodwill (EBITA) was MSEK -11,7 (-19.3). Costs for action programs meant additional charges against earnings of MSEK -39.8 (-9.5). - The net result was MSEK -67.4 (-33.7). - Earnings per share amounted to SEK -5.84 (-3.57) per share. Important events during the third quarter - A number of major transactions have been contracted with, among other, Boehringer Ingelheim, Com Hem, Hewlett-Packard, FMC, Lithuanian Radio and Television, Norsk Hydro, Statoil, Vattenfall and Ålborg Sjukhus. - A new President and CEO is in the process of being recruited. - A nomination committee for election of directors in 2005 has been appointed. For further information, please contact: Henrik Holm, President, Telephone: +46-8-410 666 00 e-mail: itgroup@proact.se Address: Isafjordsgatan 35-37, Box 1205, SE-164 28 Kista, Sweden Org. No.: 556494-3446 About PROACT PROACT is an independent information and technology specialist targeting companies and organizations for management of rapidly growing information volumes and mission-critical information. PROACT combines leading specialist know-how and technology with experience from about 1,500 customers in solutions for IT infrastructure that contributes to making the customer's day-to-day business more profitable. The PROACT Group has 360 employees and conducts business in Denmark, Finland, Latvia, Lithuania, Norway, Sweden and Switzerland. ProAct was founded in 1994. The Parent Company, PROACT IT Group AB, on the O-list of Stockholmsbörsen, the Stockholm stock exchange, under the symbol PACT since 1999. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/10/29/20041029BIT00090/wkr0001.pdf The full report

About Us

Proact is Europe’s leading independent data centre and cloud services provider. By delivering flexible, accessible and secure IT solutions and services, we help companies and authorities reduce risk and costs, whilst increasing agility, productivity and efficiency. We’ve completed over 5,000 successful projects around the world, have more than 3,500 customers and currently manage in excess of 100 petabytes of information in the cloud. We employ over 800 people in 15 countries across Europe and North America. Founded in 1994, our parent company, Proact IT Group AB (publ), was listed on Nasdaq Stockholm in 1999 (under the symbol PACT). For further information about Proact’s activities please visit us at www.proact.eu

Subscribe

Documents & Links