July - September 2020

  • Revenues increased by 17 percent to SEK 821 (701) million.
  • Adjusted EBITA increased by 46 percent and amounted to SEK 54.1 (36.9) million, corresponding to an adjusted EBITA margin of 6.6 (5.3) percent.
  • Profit before tax amounted to SEK 43.4 (30.0) million.
  • Profit after tax amounted to SEK 35.1 (24.2) million.
  • Profit per share amounted to SEK 3.84 (2.64).
  • New contracts relating to cloud services worth SEK 61 (87) million were contracted, a decrease by 30 percent.
  • The Board of Directors proposes that the Extraordinary General Meeting on November 5 decides on a dividend of SEK 2.50 per share.
  • During the quarter, ServiceNow was implemented, a new system for our service operations, which will improve the customer experience while enabling efficiencies in our service delivery.

January - September 2020

  • Revenues increased by 10 percent to SEK 2,651 (2,417) million.
  • Adjusted EBITA increased by 31 percent and amounted to SEK 153.0 (116.8) million, corresponding to an adjusted EBITA margin of 5.8 (4.8) percent.
  • Profit before tax amounted to SEK 116.9 (79.0) million.
  • Profit after tax amounted to SEK 92.2 (58.6) million.
  • Profit per share amounted to SEK 10.11 (6.38).
  • New contracts relating to cloud services worth SEK 189 (244) million were contracted, a decrease by 22 percent.

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). The information was submitted for publication, through the agency of the contact person, on 23-10-2020 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