High growth in recurring revenues and savings program implemented
April -
- Revenues increased by 4.2 per cent to
SEK 1,201.7 million (1,153.7). -
Adjusted EBITA decreased by 0.9 per cent and amounted to
SEK 81.4 million (82.1), corresponding to an adjusted EBITA margin of 6.8 percent (7.1) . -
Cost efficiency program implemented with estimated savings amounting to between
SEK 45 and 50 million in the current year, which resulted in restructuring costs accounted for as items affecting comparability ofSEK 19.6 million . -
Profit before tax amounted to
SEK 34.4 million (64.7). -
Profit after tax amounted to
SEK 28.7 million (49.1). -
Profit per share amounted to
SEK 1.05 (1.79). -
New contracts relating to cloud services worth
SEK 115.6 million (141.4) were contracted, a decrease by 18.2 per cent. -
Recurring revenues (revenues from cloud and support services) amounted to
SEK 419.8 million (353.3), corresponding to an annualized rate ofSEK 1,679.4 million (1,413.3) and an increase of 18.8 per cent.
January -
- Revenues increased by 9.2 per cent to
SEK 2,422.0 million (2,218.2). -
Adjusted EBITA increased by 3.0 per cent and amounted to
SEK 138.6 million (134.6), corresponding to an adjusted EBITA margin of 5.7 percent (6.1) . -
Profit before tax amounted to
SEK 71.8 million (102.1). -
Profit after tax amounted to
SEK 56.6 million (83.0). -
Profit per share amounted to
SEK 2.06 (3.03). -
New contracts relating to cloud services worth
SEK 232.2 million (262.9) were contracted, a decrease by 11.7 per cent. -
Recurring revenues (revenues from cloud and support services) amounted to
SEK 818.9 million (699.6), an increase of 17.1 per cent.
Analysts conference (online)
Analysts are invited to a presentation of the quarterly report via an online conference today Friday
Link to the event
https://teams.microsoft.com/l/meetup-join/19%3ameeting_YzkzZGRjMTItYjY4YS00YThhLWJkMmMtOWQ2YTk5NDZiNzg0%40thread.v2/0?context=%7b%22Tid%22%3a%22c047d5c1-d2a6-484d-ae6e-ec2bce85d023%22%2c%22Oid%22%3a%22cc241de7-1605-487f-86a9-70b73b510023%22%7d
Dial-in number: +46 8 505 323 36 Sweden,
Conference ID: 347 670 891 960
Local dial-in numbers
The presentation will be published on the company's website after the video conference.
This disclosure contains information that
For further information, please contact:
Linda Höljö, CFO and IR,
About
https://news.cision.com/proact-it-group-ab/r/half-yearly-report--january---june-2023,c3800574
https://mb.cision.com/Main/299/3800574/2190179.pdf
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