Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  NASDAQ OMX STOCKHOLM  >  Proact IT Group AB    PACT   SE0000412991

PROACT IT GROUP AB (PACT)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsCalendarCompanyFinancialsRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets
The feature you requested does not exist. However, we suggest the following feature:

Proact IT : Interim Report, January - March 2018

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/18/2018 | 08:48am CEST

Continued positive development for profits

The first quarter in brief

· As from January 1, 2018, the company applies the new accounting standard IFRS 15. In conjunction to this, the company has changed accounting principle for the part of system revenues referring to supplier's guarantees and maintenance. In total, these changes have had a negative effect on the quarter's revenues with SEK 95 million, at the same time costs of goods and services sold have been affected positively. These revenues and costs will be recognized over future periods, over a period of one to three years.
· Revenues decreased by 13% to SEK 759 (873) million. Growth in local currencies was -15%.
· EBITDA decreased by 4 % and amounted to SEK 50.2 (52.2) million.
· Profit before tax increased by 2% to SEK 33.2 (32.7) million. Adjusted for items affecting comparability (SEK 2.6 million), relating to costs for change of CEO, the increase was 10%.
· Profit after tax increased by 6% to SEK 25.3 (23.9) million.
· Profit per share amounted to 2.76 (2.52) SEK.
· Return on equity over the last 12 months amounted to 29.3% (31.6%).

For further information, please contact:
Peter Javestad, Acting CEO, Proact IT Group AB, tel: 46 8 410 667 22, e-mail: [email protected]
Jonas Persson, CFO, Proact IT Group AB, Tel: 46 8 410 666 90,  e-mail: [email protected]

About Proact

Proact is Europe's leading independent data centre and cloud services provider. By delivering flexible, accessible and secure IT solutions and services, we help companies and authorities reduce risk and costs, whilst increasing agility, productivity and efficiency. We've completed over 5,000 successful projects around the world, have more than 3,500 customers and currently manage in excess of 100 petabytes of information in the cloud. We employ over 800 people in 15 countries across Europe and North America. Founded in 1994, our parent company, Proact IT Group AB (publ), listed on Nasdaq Stockholm in 1999 (under the symbol PACT).

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

http://news.cision.com/proact-it-group/r/interim-report--january---march-2018,c2498288

http://mb.cision.com/Main/299/2498288/823972.pdf

(c) 2018 Cision. All rights reserved., source Press Releases - English

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on PROACT IT GROUP AB
04/18PROACT IT : Interim Report, January - March 2018
AQ
04/17PROACT IT : MyMeds&Me partners with leading data centre and cloud service provid..
AQ
04/13PROACT IT GROUP AB : quaterly earnings release
04/10PROACT IT : verbetert beschikbaarheid KMWE Group met 24x7 support
AQ
04/10PROACT IT : improves KMWE Group's availability with 24x7 support
AQ
03/13PROACT IT : selected by Samhall for Office 365 migration
AQ
02/22PROACT IT : Change of the Nomination Committee in Proact IT Group AB
AQ
02/13PROACT IT : Pro-Duo improves reporting speed with new Proact infrastructure solu..
AQ
02/13PROACT IT : buys back own shares
AQ
02/08PROACT IT : Continued positive development for revenues and profits
AQ
More news
Chart PROACT IT GROUP AB
Duration : Period :
Proact IT Group AB Technical Analysis Chart | PACT | SE0000412991 | 4-Traders
Technical analysis trends PROACT IT GROUP AB
Short TermMid-TermLong Term
TrendsBullishNeutralBearish
Income Statement Evolution
EPS Revisions
Managers
NameTitle
Peter Javestad Chief Executive Officer
Nils Anders Hultmark Chairman
Jan Anders Jonas Persson Chief Financial Officer
Åke Christer Holmén Independent Director
Sven Martin Vilhelm Gren Director
Sector and Competitors
1st jan.Capitalization (M$)
PROACT IT GROUP AB-7.48%184
INTERNATIONAL BUSINESS MACHINES CORPORATION-4.93%133 477
TATA CONSULTANCY SERVICES26.44%98 220
ACCENTURE-0.44%98 013
VMWARE, INC.8.56%54 847
AUTOMATIC DATA PROCESSING-0.30%51 792