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2020-04-27

Proact IT Group AB: Redeye: Proact IT Group - Improvement measures paying off

Redeye remains positive on Proact following a rebound in BU West and
optimistic comments regarding April. We increase our EBITA forecasts
for 2020 and 2021 by 23% and 5%. We find the current valuation of
EV/EBITA 5.8x 2021E attractive and raise our Base case.

Read more and download the research update: https://bit.ly/2VGN6Lo

Start following companies at Redeye to receive the latest equity
research within Life Science and Technology.

This is a press release from Redeye - Research Powered Investment
Banking. https://www.redeye.se/about/

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https://news.cision.com/se/proact-it-group-ab/r/redeye--proact-it-group-...

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