Year-end report 2011

 | Source: ProAct IT Group AB ProAct IT Group AB 

Year-end report 2011

Continued strong growth

2011 in brief

  · Net turnover increased by 61 % to SEK 2 232 (1 387) million.
    · EBITDA increased by 28 % to SEK 121.5 (94.9) million.
    · Profit before tax fell by 40 % to SEK 41.9 (70.1) million. Profit was
affected by acquisition expenses amounting to SEK 12.7 million, planned
depreciation amounting to SEK 18.9 million and interest expenses of SEK 12.0
million linked with acquired companies.
    · Profit after tax fell by 44 % to SEK 29.4 (52.5) million
    · Profit per share fell by 50 % to SEK 2.69 (5.43).

  · Return on equity amounted to 14.7 (28.6) %.
  · The Board of Directors proposes that the Annual General Meeting should elect
to pay a dividend of SEK 1.00 (1.50) per share.

The fourth quarter in brief

  · Net turnover increased by 47 % to SEK 699 (476) million
    · EBITDA amounted to SEK 37.1 (37.6) million.
    · Profit before tax fell by 58 % to SEK 12.8 (30.6) million. Profit was
affected by planned depreciation amounting to SEK 4.4 million and interest
expenses of SEK 4.0 million linked with acquired companies.
    · Profit after tax fell by 64 % to SEK 8.2 (22.7) million.

  · Profit per share fell by 62 % to SEK 0.89 (2.35).

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

Mikael Suvero, IR Telephone: 08-410 666 55 E-mail: mikael.suvero@proact.se

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

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