Interim report January - September 2013

Reduced overall net sales whilst sales of cloud services increases

Nine months in brief

• Income fell by 9% to SEK 1 568 (1 721) million, or by 5% when adjusted for currency effects and disposals of businesses.
• EBITDA fell by 17% to SEK 87.5 (105.7) million.
• Profit before tax fell by 53% to SEK 20.7 (43.8) million.
• Profit after tax fell by 51% to SEK 15.1 (31.1) million.
• Earnings per share fell to SEK 1.11 (2.88).
• Return on equity over the last 12 months amounted to 11.7 (18.5)%.
• Non-recurring items attributable to reduction of the overall cost structure within the company have adversely affected operating profit in the sum of SEK 18.8 million. Intangible assets relating to the business in the Czech Republic have also been written down by SEK 5.2 million. Operating profit has been      affected positively by SEK 9.2 million on account of disposals of businesses.

The third quarter in brief

• Income fell by 9% to SEK 445 (487) million, adjusted for currency effects and disposals of businesses by 6%.
• EBITDA fell by 9% to SEK 33.9 (37.3) million.
• Profit before tax fell by 17% to SEK 13.2 (15.9) million.
• Profit after tax fell by 17% to SEK 9.1 (10.9) million.
• Earnings per share fell to SEK 0.89 (1.16).

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 640 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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