Slide 1: Q4 2014
Q4 2014 Martin Ödman CEO
Slide 2: The fourth quarter in brief
The fourth quarter in brief Improved profitability » Profit before tax increased by 30 % to 30,0 (23,0 MSEK) » Profit after tax increased by 78 % to 21,4 (12,1 MSEK) The total income in the quarter fell by 4 % compared with the same period last year » Revenue fell by 7 % when adjusted for curren
Slide 3: The fourth quarter in brief cont'd
The fourth quarter in brief cont’d Cloud services revenues increased by 31 % compared with the same period last year The key ratios have during year 2014 developed in the right direction » Profitability » Cash-flow » Net debt has fallen
Slide 4: Market trends
Market trends More companies and authorities want to ensure that their IT infrastructure meet the requirements defined by their business operations in the most effective way possible New technical fields such as Integrated systems* continuing their positive development in the market » Integrated
Slide 5: Events during the quarter cont'd
Events during the quarter cont’d Proact to build new IT infrastructure for SMÅA » SMÅA is an unemployment insurance fund for small business owners and their family members who work at small and medium-sized enterprises and want to insure against loss of income in the event of unemployment. » Proact
Slide 6: Events during the quarter
Events during the quarter Huisman selects Proact for new IT infrastructure » Huisman Equipment operates all over the world and deals with the development and manufacture of heavy construction machinery for onshore and offshore companies. » Huisman needed to be able to control and monitor its entire
Slide 7: Financial report January – December 2014
FINANCIAL REPORT January – December 2014
Slide 8: Net margin Proact IT Group rolling
Net margin Proact IT Group rolling 12 4,0% 3,8% 3,6% L\__™~ Lo 3,4% [ Ve 3,2% 3,0% U7 ——Net margin 2,8% / — Linear (Net margin) 2,6% AKA rm WV 2,0% a a oo 1 NoamtrnOnwMDOtdn tame NnORMDAOAA +4ooooooCooCoOna aH aH OoOoCoeoOeooAaaAa anaaanmnanananaannanttte errr se ee ee | PROACT
Slide 9: Income statement January – December 2014
Income statement January – December 2014 (MSEK) Jan-Dec Jan-Dec 2014 2013 System Sales 1 505.8 1 545.5 Revenue Growth Services 813.7 754.1 Other 5.8 5.2 Total revenue 1% Currency adjusted -3% Revenue 2 325.3 2 304.8 System sales -3% Products and services -1 749.0 -1 752.2 Currency adjusted -6% Gross
Slide 10: Income statement October-December 2014
Income statement October-December 2014 (MSEK) Oct-Dec Oct-Dec 2014 2013 System Sales 489.5 539.0 Revenue Growth Services 215.0 197.1 Total revenue -4% Other 1.2 1.0 Currency adjusted -7% Revenue 705.7 737.1 System sales -9% Products and services -536.4 -566.4 Currency adjusted -12% Gross profit 169.
Slide 11: Revenue per industry
Revenue per industry January – December 2014 Other; 6% (8%) Media; 4% (3%) Trading and services; 24% (21%) Bank and Finance; 10% (11%) Oil and energy; 6% (8%) Manufacturing; 13% (14%) Public sector; 21% (22%) Telecom; 16% (13%)
Slide 12: Cash flow January – December 2014
Cash flow January – December 2014 Liquid Funds December 31, 2013 44 Cash-flow from current operations 248 Current operations 153 Change in working capital 95 Cash-flow from investment activities -77 Fixed assets -68 Acquisitions -10 Other 1 Cash-flow from financial activities -81 Bank overdraft faci
Slide 13: Cash flow October – December 2014
Cash flow October – December 2014 Liquid Funds September 30, 2014 72 Cash-flow from current operations 134 Current operations 62 Change in working capital 72 Cash-flow from investment activities -10 Fixed assets -11 Other 1 Cash-flow from financial activities -57 Bank overdraft facilities/ Contract
Slide 14: Key ratios – Balance sheet
Key ratios – Balance sheet (MSEK) 2014 2014 2013 Dec 31 Sep 30 Dec 31 Total Assets 1 541 1 249 1 439 whereof Goodwill 281 275 258 whereof Intangible fixed assets 121 122 127 whereof Accounts receivables 497 301 556 Equity 269 272 243 Solidity 18 % 22 % 17 % Cash and bank deposits 143 72 44 Bank loan
Slide 15: Revenue and profit before tax per Business Unit
Revenue and profit before tax per Business Unit January – December January – December 2014 2013 (MSEK) Revenue P.b.t Net Revenue P.b.t Net margin margin Nordics 1 312 59.2 4.5% 1 261 63.3 5.0% UK 502 3.3 0.7% 567 12.7 2.2% West 388 17.0 4.4% 357 7.4 2.1% East 144 7.5 5.2% 124 5.2 4.2% Proact Finance
Slide 16: Revenue and profit before tax per Business Unit
Revenue and profit before tax per Business Unit October – December October – December 2014 2013 (MSEK) Revenue P.b.t Net Revenue P.b.t Net margin margin Nordics 432 17.4 4.0% 419 28.4 6.8% UK 121 1.1 0.9% 176 4.3 2.4% West 107 8.3 7.8% 103 3.0 2.9% East 51 2.1 4.1% 42 2.8 6.7% Proact Finance 20 1.5
Slide 17: Proact share – Top owners 2014-12-31
Proact share – Top 10 owners 2014-12-31 2014 2013 31 December 31 December LivförsäkringsAB Skandia 11.9 % 15.2 % Lannebo Micro Cap. 7.7 % 7.3 % Svolder Aktiebolag 7.6 % 7.2 % IGC Industrial Growth Company AB 5.9 % 6.1 % Swedbank Robur Småbolagsfond Sverige 5.4 % 5.4 % Fjärde AP-Fonden 4.9 % 3.8 % La