Proact It Group Ab · OMXSTO:PACT
Proact It Group Ab — FY2017 Earnings Presentation
17 slides from Proact It Group Ab's earnings presentation, February 2018
Slide 1: Financial report January – December 2017
Financial report January – December 2017
Slide 2: Strategy
Strategy “We are constantly working according to our established strategy, in order to meet the company’s objectives and financial targets.” The strategy is based on the following areas » “One Proact” » Market leading offering independent of suppliers » Emphasis on innovation » Partners » Increa
Slide 3: Market trends
Market trends The underlying growth of digital business-critical information remains high The rapid digitisation taking place in most industries and businesses and the increasing volume of business-critical information, means that the IT infrastructure is becoming increasingly complex and new de
Slide 4: 2017 in brief
2017 in brief Continued positive revenue and profit development For 2017 as a whole, the company report the highest revenues and best profits in the history of the company Increased profit margin (4.7%)
Slide 5: The fourth quarter in brief
The fourth quarter in brief The total income in the quarter increased by 3%, compared with the same period last year, to 895 (868) MSEK » The organic growth equals -6% Improved profitability » Profit before tax decreased by 7% to 46.4 (49.7 MSEK) » Profit after tax increased by 3% to 35.0 (33.8
Slide 6: The fourth quarter in brief cont'd
The fourth quarter in brief cont’d Cloud services revenues increased by 18%, compared with the same period last year, to 110 (93) MSEK The key ratios have during the quarter developed in the right direction » Growth: 3% » Profitability (PBT): 5.2% » Solidity: 21% » Return on equity the last 12 m
Slide 7: Income statement January - December 2017
Income statement January - December 2017 (MSEK) Jan-Dec Jan-Dec 2017 2016 System Sales 2,148.7 1,896.3 Revenue Growth Services 1,104.5 1,023.0 Other 5.1 2.4 Total revenue 12% Organic growth -1% Revenue 3,258.3 2,921.7 System sales 13% Products and services -2,502.3 -2,214.2 Organic growth -2% Gross
Slide 8: Income statement October - December 2017
Income statement October - December 2017 (MSEK) Oct-Dec Oct-Dec 2017 2016 System Sales 604.7 604.7 Revenue Growth Services 289.0 263.1 Other 1.3 0.5 Total revenue 3% Organic growth -6% Revenue 895.0 868.2 System sales 0% Products and services -683.5 -663.0 Organic growth -10% Gross profit 211.5 205.
Slide 9: Revenue per industry Jan – Dec 2017
Revenue per industry 12 months Jan – Dec 2017 Other 14 (12) % Trading and services 24 (21) % Media 4 (2) % Bank and Finance 9 (10) % Oil and Energy 5 (6) % Public sector 18 (22) % Manufacturing 12 (12) % Telecom 14 (15) %
Slide 10: Cash flow January – December 2017
Cash flow January – December 2017 Liquid Funds December 31, 2016 214 Cash-flow from current operations 232 Current operations 188 Change in working capital 44 Cash-flow from investment activities -164 Fixed assets -92 Sale of tangible assets 8 Acquisitions -82 Other 2 Cash-flow from financial activi
Slide 11: Cash flow October – December 2017
Cash flow October – December 2017 Liquid Funds September 30, 2017 125 Cash-flow from current operations 210 Current operations 73 Change in working capital 137 Cash-flow from investment activities -32 Fixed assets -39 Sale of tangible assets 7 Cash-flow from financial activities -89 Bank loans/Bank
Slide 12: Key ratios – Balance sheet
Key ratios – Balance sheet (MSEK) 2017 2017 2017 2017 2016 Dec 31 Sep 30 Jun 30 Mar 31 Dec 31 Total Assets 1,832 1,587 1,658 1,766 1,807 whereof Goodwill 385 378 371 368 322 whereof Intangible fixed assets 99 105 127 132 109 whereof Accounts receivables 576 435 422 504 655 Equity 391 382 366 384 333
Slide 13: Revenue and profit before tax per Business Unit January – December
Revenue and profit before tax per Business Unit January – December January - December 2017 2016 (MSEK) Revenue PBT Net Revenue PBT Net margin margin Nordics 1,643 96.5 5.9% 1,645 102.6 6.2% UK 556 20.7 3.7% 635 21.6 3.4% West 932 22.9 2.5% 509 10.2 2.0% East 134 7.2 5.3% 149 10.1 6.8% Proact Finance
Slide 14: Revenue and profit before tax per Business Unit October – December
Revenue and profit before tax per Business Unit October - December October - December 2017 2016 (MSEK) Revenue PBT Net Revenue PBT Net margin margin Nordics 481 29.0 6.0% 541 35.7 6.6% UK 153 9.0 5.9% 160 10.6 6.6% West 211 1.5 0.7% 134 0.3 0.2% East 45 2.3 5.1% 41 1.3 3.2% Proact Finance 43 1.8 4.3
Slide 15: Summary rolling 12 months
Summary rolling 12 months 1,000.0 SEK million per quarter re 8 5 ¥ 4 £ Revenue perquarterand Net margin (PBT) rolling 12 months PPP PPP PP Ah gO Pe PRS Cn a 2 wees Revenue ——= Net margin Profit before tax per quarter and rolling 12 months 5.0% ion rolling 12 months 10 120 10 8 a 2 0. 1200 ao Profit
Slide 16: Q/A
Q/A PROACT
Slide 17: Proact share – Top 10 owners December 31, 2017
Proact share – Top 10 owners December 31, 2017 After earlier buy back of own shares, the company holds as per December 31, 2017, 128 569 shares