Proact It Group Ab · OMXSTO:PACT
Proact It Group Ab — Q3 2018 Earnings Presentation
18 slides from Proact It Group Ab's earnings presentation, October 2018
Slide 1: Financial Report January – September 2018
Financial Report January – September 2018 Jonas Hasselberg, CEO, Proact IT Group Jonas Persson, CFO, Proact IT Group jonas.hasselberg@proact.eu jonas.persson@proact.eu www.proact.eu www.proact.eu
Slide 2: Proact at a glance
Delivering Over 5000 Listed company 850 people 40 offices Manage over agility since projects and with over glocal in 100PB 1994 3500 customers €330m turnover organisation 15 countries critical data
Slide 3: Strategy
Strategy Areas of focus in our strategy “Power of Together” Employees Emphasis on innovation Market-leading offering independent of suppliers Customer relations Partners Increased proportion of contracted service revenues Growth
Slide 4: Market trends
The underlying growth of digital business-critical information remains high Market trends Customers are in the middle of a digital transformation with Current trends we see in the market business critical information as an integral part of business operations PROACT RESEARCH MARKET TRENDS The techno
Slide 5: Key message Q3
Strongest Q3 revenue in company history with 11% YoY growth +9% YoY when adjusted for currency and new accounting principles In brief +2% YTD growth when adjusted for currency and accounting principles Proact key Q3 Message Profits Before Tax in Q3 +18% YoY and EBITDA +10% YoY KEY MESSAGE Driven by
Slide 6: Income statement July – September 2018
Income statement July – September 2018 (MSEK) Jul-Sep Jul-Sep 2018 2017 System Sales 447.4 389.8 Total revenues increased by 11% to 725 MSEK Services 277.1 261.4 Other 0.0 1.9 » -32 MSEK due to new accounting principles Revenue 724.6 653.0 System sales grew by 15% (21.6% adj) and Products and se
Slide 7: Income statement January – September 2018
Income statement January – September 2018 (MSEK) Jan-Sep Jan-Sep 2018 2017 System Sales 1,503.7 1,532.0 Total revenues flat at 2 350 MSEK Services 843.7 815.5 Other 3.3 3.8 » -181 MSEK due to new accounting principles Revenue 2,350.7 2,351.3 System sales decline -2% (5.2% adj) and Products and s
Slide 8: Revenue and Profit before tax in Q3
July - September July - September Revenue and Profit 2018 2017 before tax in Q3 (MSEK) Revenue PBT Net margin Revenue PBT Net margin Per Business Unit – July - September Nordics 274 7.6 2.8% 303 23.0 7.6% UK 181 10.8 6.0% 124 2.4 2.0% Strong revenue growth in UK, West and West 235 17.1 7.3% 196 3.
Slide 9: Revenue and Profit before tax YTD
January - September January - September Revenue and Profit 2018 2017 before tax YTD (MSEK) Revenue PBT Net margin Revenue PBT Net margin Per Business Unit – January - September Nordics 1,032 46.3 4.5% 1,169 68.5 5.9% UK 498 24.8 5.0% 399 9.7 2.4% Strong revenue growth in UK, West and West 730 47.2
Slide 10: Revenue per industry 12 months Oct-Sep 2017/2018
Revenue per industry 12 months Oct-Sep 2017/2018 Other 15 (14) % Trading and services 25 (24) % Media 2 (3) % Bank and Finance 9 (10) % Oil and Energy 6 (5) % Public sector 20 (19) % Manufacturing 13 (10) % Telecom 10 (15) %
Slide 11: Cash flow January – September 2018
Cash flow January – September 2018 Liquid Funds December 31, 2017 220 Cash-flow from current operations 77 Current operations 136 Change in working capital -59 Cash-flow from investment activities -114 Fixed assets -58 Acquisitions -60 Other 4 Cash-flow from financial activities -34 Bank loans/Bank
Slide 12: Cash flow July – September 2018
Cash flow July – September 2018 Liquid Funds March 31, 2018 163 Cash-flow from current operations 35 Current operations 46 Change in working capital -11 Cash-flow from investment activities -49 Fixed assets -12 Acquisitions -41 Other 4 Cash-flow from financial activities 20 Bank loans/Bank overdraft
Slide 13: Key ratios – Balance sheet
Key ratios – Balance sheet (MSEK) 2018 2017 2017 Sep 30 Dec 31 Sep 30 Total Assets 1,915 1,941 1,693 whereof Goodwill 399 385 378 whereof Intangible fixed assets 81 99 105 whereof Accounts receivables 451 575 435 Equity 439 384 375 Solidity 23% 20% 22% Cash and bank deposits 166 220 125 Bank loan, o
Slide 14: Proact share
Proact share Top 10 owners September 30, 2018 2018 2018 September 30 June 31 AB Grenspecialisten 11.1 % 11.1 % Livförsäkringsbolaget Skandia 10.9 % 10.9 % UBS AG London Branch, W8IMY 8.1 % 8.0 % Fondita Nordic Micro Cap SR 4.3 % 4.6 % Skandia Sverige 3.8 % 3.8 % Länsförsäkringar Småbolag Sverige 3.4
Slide 15: New wins this quarter
New wins this quarter Proact delivers hybrid solution to support growth and stabilise IT delivery at FCG Symbrio selects Proact Hybrid Cloud for IT infrastructure update to Sign up to our enable automation and cloud integration newsletters to get our news and new wins proact.eu/en/about-us/news/
Slide 16: New Case Study highlight
New Case Study highlight Proact manage Ambientia’s transformation and enabled a multicloud strategy with the company’s own IT infrastructure evolving over time. For more than a decade, Proact has ” supported Ambientia’s three data centres, which now form a private cloud. Proact is an excellent IT pa
Slide 17: New Case Study highlight
New Case Study highlight Unlike other potential suppliers, Proact toke the approach as a trusted advisor and diverged from FCG’s prerequisites, submitting a proposal which was more clearly forward- ” looking. Proact presented a different view on some critical issues with a hybrid cloud solution as a
Slide 18: Proact
PROACT