October - December 2020

  • Revenues decreased by 1 percent to SEK 982 (991) million.
  • Adjusted EBITA increased by 36 percent and amounted to SEK 66.4 (48.8) million, corresponding to an adjusted EBITA margin of 6.8 (4.9) percent.
  • Profit before tax amounted to SEK 50.8 (22.7) million.
  • Profit after tax amounted to SEK 40.1 (21.6) million.
  • Profit per share amounted to SEK 4.28 (2.37).
  • New contracts relating to cloud services worth SEK 142 (97) million were contracted, a increase by 46 percent.
  • During the quarter, the acquisition of Cetus Solution in UK was implemented, which strengthens Proact's offering in cloud and workplace services.
  • In November an Extraordinary General Meeting was held which decided on a dividend of SEK 2.50 per share for the financial year 2019. The dividend was paid in the same month.

January - December 2020

  • Revenues increased by 7 percent to SEK 3,633 (3,408) million.
  • Adjusted EBITA increased by 32 percent and amounted to SEK 219.4 (165.6) million, corresponding to an adjusted EBITA margin of 6.0 (4.9) percent.
  • Profit before tax amounted to SEK 167.7 (101.7) million.
  • Profit after tax amounted to SEK 132.3 (80.2) million.
  • Profit per share amounted to SEK 14.39 (8.75).
  • New contracts relating to cloud services worth SEK 331 (341) million were contracted, a decrease by 3 percent.
  • The Board of Directors proposes that the Annual General Meeting resolves on a dividend of SEK 4.50 (2.50) per share.
 

Analysts are invited to a presentation of the quarterly report via an online conference today, Thursday 11 February 2021 at 11:00 -12:00 CET

Link to the event

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

Conference ID: 756 938 75#

Local dial-in numbers


This disclosure contains information that Proact IT Group AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014) and the Swedish Securities Markets Act (2007:528). The information was submitted for publication, through the agency of the contact person, on 11-02-2021 08:00 CET.

For further information, please contact: 

Jonas Hasselberg, CEO and President, Proact IT Group AB, +46 722 13 55 56, jonas.hasselberg@proact.eu
Linda Höljö, CFO and IR, Proact IT Group AB, +46 72 507 40 85, linda.holjo@proact.eu