April - June 2020

  • Revenues increased by 22 percent to SEK 987 (806) million.
  • Adjusted EBITA increased by 53 percent and amounted to SEK 56.3 (36.7) million, corresponding to an adjusted EBITA margin of 5.7 (4.6) percent.
  • Profit before tax amounted to SEK 40.1 (22.3) million.
  • Profit after tax amounted to SEK 31.3 (12.8) million.
  • Profit per share amounted to SEK 3.42 (1.40).
  • New contracts relating to cloud services worth SEK 77 (96) million were concluded, a decrease by 20 percent.
  • New services were launched in Proact's cloud services including Wide Area Network as-a-Service (WANaaS) and Service Management for Public Cloud.

January - June 2020

  • Revenues increased by 7 percent to SEK 1,830 (1,716) million.
  • Adjusted EBITA increased by 24 percent and amounted to SEK 98.9 (79.9) million, corresponding to an adjusted EBITA margin of 5.4 (4.7) percent.
  • Profit before tax amounted to SEK 73.5 (49.0) million.
  • Profit after tax amounted to SEK 57.1 (34.4) million.
  • Profit per share amounted to SEK 6.27 (3.74).
  • New contracts relating to cloud services worth SEK 128 (157) million were concluded, a decrease by 18 percent.

Analysts are invited to a presentation of the quarterly report via na online conference today, Wednesday 15 July 2020 at 14:00-15:00.

Link to the event
Dial-in number: +46 8 505 323 36   Sweden, Stockholm (Toll)

Conference ID: 205 189 732#

Local dial-in numbers

For further information, please contact: 
Jonas Hasselberg, CEO and President, Proact IT Group AB, +46 722 13 55 56, jonas.hasselberg@proact.eu
Jonas Persson, CFO & IR, Proact IT Group AB, +46 733 56 66 90, jonas.persson@proact.eu