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Half-yearly report January - June 2014

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Profitability continuing to improve

The first six months in brief

  • Revenue increased by 4% to SEK 1,165 (1,123) million, and revenue increased by 1% when adjusted for currency effects.
  • EBITDA amounted to SEK 69.6 (53.6) million. When adjusted for non-recurring items in the first six months of 2013 in the amount of SEK -9.6 million, EBITDA increased by 10%.
  • Profit before tax amounted to SEK 38.1 (7.5) million. When adjusted for non-recurring items in the first six months of 2013 in the amount of SEK -14.8 million, profit before tax increased by 71%. 
  • Profit before tax amounted to SEK 27.2 (6.0) million.
  • Earnings per share amounted to SEK 2.75 (0.23).
  • Return on equity over the last 12 months amounted to 20.0 (12.2)%.

The second quarter in brief

  • Revenue increased by 4% to SEK 573 (551) million, and revenue increased by 1% adjusted when for currency effects.
  • EBITDA amounted to SEK 34.6 (16.5) million. When adjusted for non-recurring items in the second quarter of 2013 in the amount of SEK -15.8 million, EBITDA increased by 7%.
  • Profit before tax amounted to SEK 20.6 (-8.9) million. When adjusted for non-recurring items in the second quarter of 2013 in the amount of SEK -21.0 million, profit before tax increased by 70%.
  • Profit after tax amounted to SEK 16.4 (-8.1) million.
  • Profit per share increased to SEK 1.65 (-0.97).

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 630 employees and conducts business in Belgium, Denmark, Estonia, Finland, 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 OMX 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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