Proact IT : Half-yearly report, January – June 2021
July 14, 2021 at 07:03 am EDT
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April - June 2021
Revenues decreased by 11 percent to SEK 878 (987) million.
Adjusted EBITA decreased by 18 percent and amounted to SEK 46.0 (56.3) million, corresponding to an adjusted EBITA margin of 5.2 (5.7) percent.
Profit before tax amounted to SEK 34.0 (40.1) million.
Profit after tax amounted to SEK 26.3 (31.3) million.
Profit per share amounted to SEK 0.95 (1.14).
New contracts relating to cloud services worth SEK 72 (77) million were contracted, a decrease by 7 percent.
During the quarter, the acquisition of Conoa, a Swedish fast-growing company with specialist expertise within cloud solutions, was announced and completed.
January - June 2021
Revenues decreased by 3 percent to SEK 1,772 (1,830) million.
Adjusted EBITA decreased by 11 percent and amounted to SEK 87.6 (98.9) million, corresponding to an adjusted EBITA margin of 4.9 (5.4) percent.
Profit before tax amounted to SEK 64.8 (73.5) million.
Profit after tax amounted to SEK 48.8 (57.1) million.
Profit per share amounted to SEK 1.78 (2.09).
New contracts relating to cloud services worth SEK 150 (128) million were contracted, an increase by 17 percent.
Analysts are invited to a presentation of the quarterly report via an online conference today, Wednesday 14 July 2021 at 13:30 -14:30 CET.
Link to the event
Dial-in number: +46 8 505 323 36 Sweden, Stockholm (Toll)
Conference ID: 155 448 593#
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 14-07-2021 13:00 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
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Proact IT Group AB published this content on 14 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 July 2021 11:02:01 UTC.
Proact IT Group AB is a Sweden-based independent integrator in the field of integrated systems (data storage, servers and networks) and private cloud services. The Companyâs solutions cover all data centre elements, including storage, servers, security and network functions. It mainly serves the Trade & Services, Public Sector, Telecoms and Manufacturing Industry segments. The Company is active in Belgium, Czech Republic, Denmark, Estonia, Finland, Latvia, Lithuania, the Netherlands, Norway, Slovakia, Spain, the United Kingdom, Sweden, Germany and the United States. The Companyâs subsidiaries are Databasement International Holding BV, Proact Czech Republic sro, Proact Estonia AS, Teamix GmbH and ProAct Finance AB, among others.