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2016-10-19

Proact IT Group: Interim report, January - September 2016

Further progress towards the 5% target margin

The third quarter in brief

· In local currencies revenues were unchanged. Translated to SEK
revenues decreased by 4 % to SEK 594 (617) million.

· EBITDA increased and amounted to SEK 39.8 (39.7) million.
· Profit before tax increased by 19 % to SEK 28.3 (23.8) million.
· Profit after tax increased by 24 % to SEK 20.7 (16.7) million.
· Profit per share amounted to SEK 2.18 (1.78).
The first nine months in brief

· In local currencies revenues increased by 4 %. Translated to SEK
revenues increased by 1 % to SEK 2,054 (2,038) million.

· EBITDA increased by 3 % to SEK 125.7 (122.1) million.
· Profit before tax increased by 12 % to SEK 84.0 (74.9) million.
Profit before tax amounted to SEK 89.8 (74.9) million adjusted for
items affecting comparability, representing an increase of 20%.

· Profit after tax increased by 19 % to SEK 62.9 (52.9) million.
· Profit per share amounted to SEK 6.64 (5.58).
· Items affecting comparability, expenses attributable to the change
of Group President, have adversely affected the operating profit for
the first six months in the sum of SEK 5.8 (-) million.

· Return on equity over the last 12 months amounted to 29.3 (26.5)
%.

For further information, please contact:

Jason Clark, CEO and President, Proact IT Group AB, tel +44 1246
266300

Peter Javestad, VP / IR, Proact IT Group AB, tel +46 733 56 67 22,
peter.javestad@proact.eu

Jonas Persson, CFO, Proact IT Group AB, tel +46 733 56 66 90,
jonas.persson@proact.eu

About Proact

Proact is Europe's leading independent datacentre and cloud services
provider. Proact supplies business benefits by helping companies and
authorities to reduce risk and costs, and above all to supply them
with flexible, accessible and secure IT services. Proact's cloud
service operations manage 70 petabytes of information. Proact has
completed more than 3,500 successful projects all over the world to
date.

The Proact Group has more than 720 employees and operates in 15
countries in Europe and in the USA. Proact was founded in 1994, and
its parent company Proact IT Group AB (publ) has been listed on
Nasdaq Stockholm under the symbol PACT since 1999.

For further information about Proact's activities please visit us at
www.proact.eu

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http://news.cision.com/proact-it-group/r/interim-report--january---septe...
http://mb.cision.com/Main/299/2103677/576633.pdf

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