Slide 1: Q2 2013
PROACT Q2 2013 ccs Qe SSeS Martin Odman “98 ee =e)
Slide 2: Summary Q2
Summary Q2 The total revenue in the quarter was unchanged compared with the same period last year taking into account the currency effects and the sales of Exquip Adjusted profit before tax increased by 2 % to 12,1 (11,9) MSEK Recurring revenues e.g. support- and cloud services continued to grow in
Slide 3: Summary Q2
Summary Q2 Non-recurring items attributable to reduction of the overall cost structure within the company have adversely affected operating profit in the sum of SEK 15,8 million The company’s total cost structure will be reduced by SEK 40 million on an annual basis, the full effect being felt from t
Slide 4: Financial report January – June 2013
Financial report January – June 2013
Slide 5: Income statement January – June 2013
Income statement January – June 2013 (MSEK) Jan-Jun Jan-Jun 2013 2012 Revenue System Sales 742.7 851.3 Growth pro forma -4% Services 377.7 379.7 Currency and adj. -5% Other 2.6 2.9 Total growth -9% Revenue 1 123.0 1 233.9 Products and services -853.2 -945.2 Growth system sales - 13 % Gross profit 26
Slide 6: Income statement April – June 2013
Income statement April – June 2013 (MSEK) Apr-Jun Apr-Jun 2013 2012 Revenue System Sales 364.3 390.7 Growth pro forma -1% Services 185.4 196.9 Currency and adj. -6% Other 0.8 2.1 Total growth -7% Revenue 550.5 589.7 Products and services -415.1 -446.7 Growth system sales -7% Gross profit 135.4 143.0
Slide 7: Income statement rolling 12 months
Income statement rolling 12 months (MSEK) Jul-Jun Jul-Jun 2012/2013 2011/2012 Revenue System Sales 1 538.2 1 701.7 Growth system sales - 10 % Services 781.1 752.0 Growth services +4% Other 2.9 5.1 Total growth -6% Revenue 2 322.2 2 458.8 Products and services -1 759.0 -1 882.8 Gross profit 563.2 576
Slide 8: Revenue per industry
Revenue per industry 12 months Jul-Jun 2012/2013 Media; 3% Other; 6% Bank and Finance; 9% Trading and services; 25% Oil and energy; 9% Manufacturing; 13% Public sector; 23% Telecom; 12%
Slide 9: Cash flow January – June 2013
Cash flow January – June 2013 Liquid Funds December 31, 2012 103 Cash-flow from current operations -38 Current operations 60 Change in working capital -98 Cash-flow from investment activities -20 Fixed assets -23 Acquisitions -6 Sales of subsidiary 9 Cash-flow from financial activities -1 Dividend -
Slide 10: Cash flow April – June 2013
Cash flow April – June 2013 Liquid Funds March 31, 2013 30 Cash-flow from current operations 45 Current operations 25 Change in working capital 20 Cash-flow from investment activities -15 Fixed assets -13 Acquisitions -3 Other 1 Cash-flow from financial activities -16 Dividend -11 Contract financing
Slide 11: Key ratios – Balance sheet
Key rations – Balance sheet (MSEK) 2013 2013 2012 2012 Jun 30 Mar 31 Dec 31 Jun 30 Total Assets 1 301 1 280 1 493 1 396 whereof Goodwill 255 246 257 260 whereof Intangible fixed assets 130 134 141 151 whereof Accounts receivables 404 389 536 447 Equity 223 234 229 211 Solidity % 17 % 18 % 15 % 15 %
Slide 12: Revenue and adj. profit before tax per Business Unit, YTD
Revenue and adj. profit before tax per Business Unit, YTD January – June January – June 2013 2012 (MSEK) Revenue Adj. Net Revenue P.b.t Net P.b.t margin margin Nordics 619 16.1 2.6% 704 26.3 3.7% UK 263 5.6 2.1% 308 8.8 2.9% BeNeLux+Spain 175 2.1 1.2% 173 -1.5 Neg East 62 1.8 2.9% 66 0.8 1.2% Proact
Slide 13: Revenue and adj. profit before tax per Business Unit, Q2
Revenue and adj. profit before tax per Business Unit, Q2 April – June April – June 2013 2012 (MSEK) Revenue Adj. Net Revenue P.b.t Net P.b.t margin margin Nordics 323 12.5 3.9% 361 10.4 2.9% UK 114 1.5 1.3% 118 2.4 2.0% BeNeLux+Spain 89 1.5 1.7% 84 0.1 0.2% East 27 0.8 3.0% 34 0.0 0.0% Proact Financ
Slide 14: Proact share – Top 10 owners 2013-06-30
Proact share – Top 10 owners 2013-06-30 2013 2013 30 June 31 March LivförsäkringsAB Skandia 15.2 % 15.2 % IGC Industrial Growth Company AB 6.1 % 6.6 % Swedbank Robur Småbolagsfond Sverige 5.4 % 6.5 % Lannebo Micro Cap. 5.3 % 5.3 % Skagen Vekst Verdipapirfondet 4.9 % 4.9 % Lannebo Microcap II 4.0 % 4