Slide 1: Q1 2016
PROACT livering Business Agility Q1 2016 Jason Clark CEO
Slide 2: Investment in Core Regions
Investment in Core Regions Acquire and/or scale specialist skill > Value Resolve problem areas Services Growth, maximise product sales Strengthen Functions & Governance Operational Efficiency
Slide 3: Q1 Focus
Q1 Focus Outlining Vision Management Framework to execute Setting objectives and review points Smaller country analysis and planning Driving Efficiency initiatives Accelerating strategic projects to deliver greater growth and profitability Working with acquisitions
Slide 4: Q1 Trends
Q1 Trends Increase in Recurring Services Financial Performance in all Core regions Increase in PBT 3.5-3.7% Reduced spend from large enterprise year-on-year Revenue growth lower than last year Solid first quarter
Slide 5: Financial Report January – March 2016
FINANCIAL REPORT January – March 2016
Slide 6: Income statement January – March 2016
Income statement January – March 2016 (MSEK) Jan-Mar Jan-Mar 2016 2015 System Sales 467.4 510.1 Revenue Growth Services 254.6 228.6 Other 0.7 0.7 Total revenue -2% Currency adjusted 0% Revenue 722.7 739.4 System sales -8% Products and services -549.5 -567.8 Currency adjusted -6% Gross profit 173.1 1
Slide 7: Income statement rolling 12 months
Income statement rolling 12 months (MSEK) Apr-Mar Apr-Mar 2015/2016 2014/2015 System Sales 1,840.9 1,624.9 Revenue Growth Services 940.1 843.0 Other 4.0 4.9 Total revenue 13% Currency adjusted 11% Revenue 2,785.0 2,472.8 System sales 13% Products and services -2,109.0 -1,865.3 Currency adjusted 12%
Slide 8: Revenue per industry 12 months Apr-Mar 2015/2016
Revenue per industry 12 months Apr-Mar 2015/2016 Other Trading and Media 7 (7) % services 3 (4) % Bank and 21 (23) % Finance 10 (10) % Oil and energy 7 (6) % Manufacturing Public sector 14 (13) % 24 (20) % Telecom 14 (17) %
Slide 9: Cash flow January – March 2016
Cash flow January – March 2016 Liquid Funds December 31, 2015 159 Cash-flow from current operations -50 Current operations -80 Change in working capital 30 Cash-flow from investment activities -16 Fixed assets -16 Acquisitions - Other - Cash-flow from financial activities 6 Bank overdraft facilities
Slide 10: Key ratios – Balance sheet
Key ratios – Balance sheet (MSEK) 2016 2015 2015 Mar 31 Dec 31 Mar 31 Total Assets 1,546 1,651 1,516 whereof Goodwill 318 334 286 whereof Intangible fixed assets 130 122 120 whereof Accounts receivables 482 539 496 Equity 291 317 286 Solidity 19 % 19 % 19 % Cash and bank deposits 102 159 126 Bank lo
Slide 11: Revenue and profit before tax per Business Unit
Revenue and profit before tax per Business Unit January – March January - March 2016 2015 (MSEK) Revenue P.b.t Net Revenue P.b.t Net margin margin Nordics 407 23.0 5.6% 441 22.5 5.1% UK 172 5.8 3.4% 176 6.1 3.5% West 97 -1.3 Neg. 101 1.6 1.6% East 49 3.9 8.0% 28 0.6 2.1% Proact Finance 17 0.9 5.5% 1
Slide 12: Proact share – Top 10 owners March 31, 2016
Proact share – Top 10 owners March 31, 2016 2016 2015 March 31 December 31 Livförsäkrings AB Skandia 11.2 % 11.3 % IGC Industrial Growth Company AB 6.0 % 6.0 % Fondita Nordic Micro Cap SR 5.5 % 3.1 % Swedbank Robur Småbolagsfond Sverige 5.4 % 5.4 % Svolder Aktiebolag 5.0 % 8.0 % Fjärde AP-Fonden 4.9