Proact It Group Ab · OMXSTO:PACT
Proact It Group Ab — H1 2017 Earnings Presentation
13 slides from Proact It Group Ab's earnings presentation, July 2017
Slide 1: Financial Report January - June 2017
FINANCIAL REPORT January - June 2017
Slide 2: Strategy
Strategy
Slide 3: Strategic view
Strategic view Invest in core regions, economies of scale Acquire and/or scale specialist skills, leverage assets Improve Challenging areas Services growth, core business, drive innovation Strengthen Group Functions > Strategy Operationally Efficient Invest in People
Slide 4: Income statement January - June 2017
Income statement January - June 2017 (MSEK) Jan-Jun Jan-Jun 2017 2016 System Sales 1,150.2 942.5 Revenue Growth Services 554.5 515.6 Other 1.9 1.3 Total revenue 17% Organic growth 2% Revenue 1,706.6 1,459.4 System sales 22% Products and services -1,325.6 -1,109.1 Organic growth 2% Gross profit 381.0
Slide 5: Income statement April - June 2017
Income statement April - June 2017 (MSEK) Apr-Jun Apr-Jun 2017 2016 System Sales 548.1 475.1 Revenue Growth Services 280.3 261.1 Other 1.3 0.6 Total revenue 13% Organic growth -4% Revenue 829.7 736.7 System sales 15% Products and services -641.3 -559.6 Organic growth -6% Gross profit 188.4 177.2 Ser
Slide 6: Income statement rolling 12 months
Income statement rolling 12 months (MSEK) Jul-Jun Jul-Jun 2016/2017 2015/2016 System Sales 2,104.0 1,860.0 Revenue Growth Services 1,061.9 975.9 Other 3.0 3.7 Total revenue 12% Organic growth 4% Revenue 3,168.8 2,839.5 System sales 13% Products and services -2,430.7 -2,153.4 Organic growth 3% Gross
Slide 7: Revenue per industry 12 months Jul - Jun 2016/2017
Revenue per industry 12 months Jul - Jun 2016/2017 Other Trading and 14 (10) % services 24 (21) % Media 3 (2) % Bank and Finance 10 (10) % Oil and energy 5(6) % Public sector 20 (21) % Manufacturing 10 (14) % Telecom 14 (16) %
Slide 8: Cash flow January - June 2017
Cash flow January – June 2017 Liquid Funds December 31, 2016 214 Cash-flow from current operations 132 Current operations 54 Change in working capital 78 Cash-flow from investment activities -118 Fixed assets -38 Acquisitions -84 Other 4 Cash-flow from financial activities -40 Bank loans/Bank overdr
Slide 9: Cash flow April - June 2017
Cash flow April – June 2017 Liquid Funds March 31, 2017 221 Cash-flow from current operations 86 Current operations 17 Change in working capital 69 Cash-flow from investment activities -22 Fixed assets -21 Acquisitions -2 Other 1 Cash-flow from financial activities -98 Bank loans/Bank overdraft faci
Slide 10: Key ratios - Balance sheet
Key ratios – Balance sheet (MSEK) 2017 2016 2016 Jun 30 Dec 31 Jun 30 Total Assets 1,658 1,807 1,540 whereof Goodwill 371 322 316 whereof Intangible fixed assets 127 109 126 whereof Accounts receivables 422 655 470 Equity 366 333 296 Solidity 22% 18% 19% Cash and bank deposits 188 214 122 Bank loan,
Slide 11: Revenue and profit before tax per Business Unit
Revenue and profit before tax per Business Unit January – June January - June 2017 2016 (MSEK) Revenue PBT Net Revenue PBT Net margin margin Nordics 862 44.8 5.2% 828 48.7 5.9% UK 278 8.9 3.2% 339 9.6 2.8% West 521 17.0 3.3% 220 4.6 2.1% East 56 3.5 6.2% 77 5.5 7.2% Proact Finance 38 2.8 7.4% 47 3.4
Slide 12: Revenue and profit before tax per Business Unit
Revenue and profit before tax per Business Unit April – June April - June 2017 2016 (MSEK) Revenue PBT Net Revenue PBT Net margin margin Nordics 415 19.9 4.8% 421 25.7 6.1% UK 130 3.7 2.8% 167 3.8 2.3% West 257 14.7 5.7% 123 5.9 4.8% East 31 1.6 5.3% 28 1.6 5.7% Proact Finance 28 2.2 7.9% 30 2.5 8.3
Slide 13: Proact share – Top 10 owners June 30, 2017
Proact share – Top 10 owners June 30, 2017 After earlier buy back of own shares, the company holds as per June 30, 2017, 78,669 shares