2011-07-13

Half-yearly report Januray - June 2011: Continuing growth for Proact

The first six months in brief

  • Revenues increased by 49 % to SEK 1,007 (677) million.
  • EBITDA increased by 32 % to SEK 48.8 (37.1) million.
  • Profit before tax fell by 48 % to SEK 13.4 (25.5) million. Excluding acquired units, profit increased by 13 % to SEK 28.8 million. Profit was affected by acquisition costs amounting to SEK 10.7 million.
  • Profit after tax fell by 52 % to SEK 8.8 (18.5) million
  • Profit per share fell by 67 % to SEK 0.64 (1.93).
  • Return on equity over the last 12 months amounted to 23.7 (32.2) %.

The second quarter in brief

  • Net turnover increased by 70 % to SEK 611 (359) million.
  • EBITDA increased by 39 % to SEK 31.3 (22.5) million.
  • Profit before tax fell by 37 % to SEK 10.0 (16.0) million. Excluding acquired units, profit increased by 8 % to SEK 17.3 million. Profit was affected by acquisition costs amounting to SEK 7.3 million.
  • Profit after tax fell by 46 % to SEK 6.3 (11.6) million
  • Profit per share fell by 59 % to SEK 0.48 (1.18).

Olof Sand, CEO, Telephone: 08-410 666 82 E-mail: olof.sand@proact.se

Hans Åkerlund, IR Telephone: 08-410 667 50 E-mail: hans.akerlund@proact.se

Jonas Persson, CFO Telephone: 08-410 666 90 E-mail: jonas.persson@proact.se

 

About Proact 

Proact is a specialist in storage, archiving and securing large volumes of mission-critical information. As an independent integrator, Proact provides systems, support and consulting services within its focus area of data storage and archiving.

The Proact Group has more than 600 employees and conducts business in Belgium, Czech Republic, Denmark, Estonia, Finland, Great Britain, Latvia, Lithuania, The Netherlands, Norway, Slovakia, Spain and Sweden. Proact was founded in 1994 and its parent company, Proact IT Group AB (publ) has been listed on Nasdaq OMX Stockholm since 1999 under the symbol PACT.

Additional information about Proact is available at www.proact.eu

Information about the company: Proact IT Group AB

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