Half-yearly report Januray - June 2011

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 (olof.sand@proact.se)

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

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