Year-end report 2013

Thu, Feb 13, 2014 08:00 CET

Improved profits and increased revenues in the fourth quarter

2013 in brief

Income fell by 5% to SEK 2 305 (2 433) million, adjusted for currency effects, and disposals of businesses reduced income by 1%.
EBITDA fell by 11% to SEK 128.0 (144.5) million.
Profit before tax fell by 28% to SEK 43.7 (61.0) million.
Profit after tax fell by 35% to SEK 27.2 (41.8) million.
Earnings per share fell to SEK 2.36 (3.96).
Return on equity amounted to 11.6 (18.9) %.
Non-recurring items attributable to reduction of the overall cost structure within the company have adversely affected operating profit in the sum of SEK 30.3 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 Board of Directors proposes that the Annual General Meeting should elect to pay a dividend of SEK 1:20 (1:10) per share.

The fourth quarter in brief

Income increased by 4% to SEK 737 (712) million, adjusted for currency effects, and dispos-als of businesses increased income by 7%.
EBITDA increased by 4% to SEK 40.5 (38.8) million.
Profit before tax increased by 34% to SEK 23.0 (17.2) million.
Profit after tax increased by 13% to SEK 12.1 (10.7) million.
Profit per share increased to SEK 1.24 (1.08).
Non-recurring items attributable to cloud services have adversely affected operating profit in the sum of SEK 6.3 million.

For further information please contact:

Martin Ödman, VD, Telefon 0733 56 68 11, e-mail: martin.odman@proact.eu
Peter Javestad, Vice President / IR, Telefon 0733 56 67 22, e-mail: peter.javestad@proact.eu
Jonas Persson, CFO, Telefon 0733 56 66 90, e-mail: jonas.persson@proact.eu

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