Announcement • Apr 02
Proact IT Group AB (publ), Annual General Meeting, May 05, 2026 Proact IT Group AB (publ), Annual General Meeting, May 05, 2026, at 16:00 W. Europe Standard Time. Location: meeting labs, gate:01, frosundaviks alle 1, solna Sweden Announcement • Feb 11
Proact IT Group AB (publ) announces Annual dividend, payable on May 12, 2026 Proact IT Group AB (publ) announced Annual dividend of SEK 2.6000 per share payable on May 12, 2026, ex-date on May 06, 2026 and record date on May 07, 2026. Announcement • Feb 10
Proact IT Group AB (publ) to Report Q3, 2026 Results on Oct 22, 2026 Proact IT Group AB (publ) announced that they will report Q3, 2026 results at 8:00 AM, Central European Standard Time on Oct 22, 2026 Announcement • Oct 22
Proact IT Group AB (publ) (OM:PACT) signed an agreement to acquire Consular Aps for DKK 87 million. Proact IT Group AB (publ) (OM:PACT) signed an agreement to acquire Consular Aps for DKK 87 million on October 21, 2025. A cash consideration of DKK 65 million will be paid by Proact IT Group AB (publ). Proact IT Group AB (publ) will pay an earnout/contingent payment of DKK 22 million cash. As part of consideration, DKK 87 million is paid towards common equity of Consular Aps.
For the period ending September 30, 2025, Consular Aps reported total revenue of DKK 86 million.
The transaction is subject to approval by regulatory board / committee. The transaction is planned to close during the fourth quarter 2025. Announcement • Mar 19
Proact IT Group AB (publ) (OM:PACT) acquired BlakYaks Ltd. for £27 million. Proact IT Group AB (publ) (OM:PACT) acquired BlakYaks Ltd. for £27 million on March 17, 2025. A cash consideration will be paid by Proact IT Group AB (publ). The transaction includes an initial consideration of £16 million, on a cash- and debt-freebasis, and a potential earn-out of up to £11 million. For the period ending February 28, 2025, BlakYaks reported total revenue of £5.6 million and EBITDA of £1.5 million. The transaction subject to the achievement of certain financial targets, payable over the period 2025–2027.
Proact IT Group AB (publ) (OM:PACT) completed the acquisition of BlakYaks Ltd. on March 17, 2025. Canaccord Genuity LLC acted as financial advisor to BlakYaks Ltd. Announcement • Feb 12
Proact IT Group AB (publ), Annual General Meeting, May 06, 2025 Proact IT Group AB (publ), Annual General Meeting, May 06, 2025, at 16:00 W. Europe Standard Time. Location: solna Sweden Announcement • Sep 24
Proact IT Group Appoints Jamie Ford as Business Unit Director UK and Member of the Group Management Team Proact IT Group has announced its appointment of Jamie Ford as business unit director UK and member of the group management team with effect from 2 September 2024. He joins Proact from a role as managing director of Claranet UK. Ford has previously held business leadership roles at BT, including as managing director for BT Business Solutions, as well as CEO of Plusnet in Sheffield. Recent Insider Transactions • May 11
Vice President of Corporate Development recently bought kr228k worth of stock On the 8th of May, Jonas Ekman bought around 2k shares on-market at roughly kr114 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr1.8m more in shares than they have sold in the last 12 months. Reported Earnings • May 09
First quarter 2024 earnings released: EPS: kr2.22 (vs kr1.02 in 1Q 2023) First quarter 2024 results: EPS: kr2.22 (up from kr1.02 in 1Q 2023). Revenue: kr1.19b (down 2.2% from 1Q 2023). Net income: kr60.7m (up 118% from 1Q 2023). Profit margin: 5.1% (up from 2.3% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the IT industry in the United Kingdom. Announcement • May 08
Proact IT Group AB (publ) Approves Dividend for the Financial Year 2023, Payable on May 15, 2024 Proact IT Group AB (publ) at the Annual General Meeting held on 7 May 2024, approved dividend of SEK 2.00 per share for the financial year 2023. The record date for the dividend will be May 10, 2024, and the expected disbursement date through Euroclear Sweden AB is May 15, 2024. Reported Earnings • Apr 18
Full year 2023 earnings released: EPS: kr6.29 (vs kr6.97 in FY 2022) Full year 2023 results: EPS: kr6.29 (down from kr6.97 in FY 2022). Revenue: kr4.84b (up 1.9% from FY 2022). Net income: kr172.6m (down 9.7% from FY 2022). Profit margin: 3.6% (down from 4.0% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the IT industry in the United Kingdom. Declared Dividend • Apr 11
Dividend increased to kr2.00 Dividend of kr2.00 is 8.1% higher than last year. Ex-date: 8th May 2024 Payment date: 15th May 2024 Dividend yield will be 1.9%, which is lower than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 36% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Declared Dividend • Mar 13
Dividend increased to kr2.00 Dividend of kr2.00 is 8.1% higher than last year. Ex-date: 8th May 2024 Payment date: 15th May 2024 Dividend yield will be 1.9%, which is lower than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has increased by an average of 18% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 36% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Feb 14
Proact It Group AB (Publ) Appoints Maria Gomez as Business Unit Director Central and Member of the Group Management Team Proact IT Group AB (publ) announces that the company has appointed Maria Gomez as Business Unit Director Central and member of the Group management team. Business Unit Central covers Proact's operations in Czech Republic and Germany. In her role, Maria Gomez will drive the company's expansion and oversee the strategic development of services in this region. Maria will also become a member of the group's management team. Maria has 30 years' experience of successfully leading sales teams in the German IT industry, most recently as Sales Director at Microsoft and prior at IBM, demonstrating her ability to build and lead inclusive teams. Maria Gomez started her new role as Business Unit Director Central on January 8, 2024. Declared Dividend • Feb 12
Dividend increased to kr2.00 Dividend of kr2.00 is 8.1% higher than last year. Ex-date: 8th May 2024 Payment date: 15th May 2024 Dividend yield will be 2.1%, which is lower than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has increased by an average of 18% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 32% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 10
Full year 2023 earnings released: EPS: kr6.28 (vs kr6.97 in FY 2022) Full year 2023 results: EPS: kr6.28 (down from kr6.97 in FY 2022). Revenue: kr4.85b (up 2.0% from FY 2022). Net income: kr172.6m (down 9.8% from FY 2022). Profit margin: 3.6% (down from 4.0% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the IT industry in the United Kingdom. Announcement • Feb 09
Proact IT Group AB (publ) Proposes Dividend The Board of Directors of Proact IT Group AB (publ) proposed that the Annual General Meeting resolves on a dividend of SEK 2.00 per share (SEK 1.85) per share. Announcement • Jan 08
Proact IT Group AB (publ) Announces Chief Financial Officer Changes Proact IT Group AB (publ) announces that the company has appointed Noora Jayasekara as new CFO and member of the Group management team, effective during the second quarter of 2024. Noora most recently comes from the role as CFO at Ovzon AB, which offers solutions for satellite communication, and prior to that as CFO at the care company Humana AB. She has solid financial knowledge as well as experience in services sales and consulting and holds a master's degree in economics with a specialisation in finance from Södertörn University. Noora is a board member of Doro Group, best known for its senior-friendly phones, and of MediCheck AB, which offers online specialist care. As previously announced, Åsa Regen Jansson will hold the role of interim CFO until Noora takes over. Valuation Update With 7 Day Price Move • Nov 30
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to kr84.55, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 22x in the IT industry in the United Kingdom. Total returns to shareholders of 7.7% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr136 per share. Announcement • Oct 28
Proact It Group AB (Publ) Appoints Asa Regen Jansson as Member of the Group Management Proact IT Group AB (publ) announced that the company has contracted Asa Regen Jansson as new interim CFO and member of the Group management. Asa replaces Linda Holjo as CFO and assumes the position on 1 January 2024. Åsa has extensive experience in various financial roles, most recently from Viaplay Group where she has been acting CFO and most recently had the role of SVP Finance Nordics. Reported Earnings • Jul 15
Second quarter 2023 earnings released: EPS: kr1.05 (vs kr1.79 in 2Q 2022) Second quarter 2023 results: EPS: kr1.05 (down from kr1.79 in 2Q 2022). Revenue: kr1.20b (up 4.2% from 2Q 2022). Net income: kr28.8m (down 41% from 2Q 2022). Profit margin: 2.4% (down from 4.2% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Jul 11
Proact IT Group AB (Publ) Announces Resignation of Linda Höljö as CFO Linda Höljö has decided to leave Proact IT Group AB and will resigned from the role as CFO and VP Investor Relations for an external opportunity. The recruitment of Linda Höljö's successor will be initiated immediately. Linda will remain in her role until her replacement is in place, albeit no longer than January 2024. Recent Insider Transactions • Jun 23
Insider recently bought kr532k worth of stock On the 19th of June, Rene Schulein bought around 7k shares on-market at roughly kr80.08 per share. This transaction increased Rene Schulein's direct individual holding by 2x at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr8.2m. Insiders have collectively bought kr11m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Jun 12
Insider recently bought kr270k worth of stock On the 7th of June, Martin Thompson bought around 4k shares on-market at roughly kr76.68 per share. This transaction increased Martin Thompson's direct individual holding by 1x at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr8.2m. Insiders have collectively bought kr11m more in shares than they have sold in the last 12 months. Valuation Update With 7 Day Price Move • May 11
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to kr82.80, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 26x in the IT industry in the United Kingdom. Total returns to shareholders of 85% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr164 per share. Recent Insider Transactions • May 08
Board Member recently bought kr8.1m worth of stock On the 5th of May, Martin Gren bought around 100k shares on-market at roughly kr81.25 per share. This transaction increased Martin's direct individual holding by 3x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr9.3m more in shares than they have sold in the last 12 months. Reported Earnings • May 06
First quarter 2023 earnings released: EPS: kr1.02 (vs kr1.24 in 1Q 2022) First quarter 2023 results: EPS: kr1.02 (down from kr1.24 in 1Q 2022). Revenue: kr1.22b (up 15% from 1Q 2022). Net income: kr27.9m (down 18% from 1Q 2022). Profit margin: 2.3% (down from 3.2% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 22% per year. Announcement • May 06
Proact It Group AB (Publ) Approves Dividend for the Financial Year 2022, Expected Payable on May 11, 2023 Proact IT Group AB (publ) at its Annual General Meeting held on May 4, 2023, approved dividend of SEK 1.85 per share for the financial year 2022 was approved. The record date for the dividend will be May 8, 2023, and the expected disbursement date through Euroclear Sweden AB is May 11, 2023. Reported Earnings • Feb 11
Full year 2022 earnings released: EPS: kr6.97 (vs kr4.27 in FY 2021) Full year 2022 results: EPS: kr6.97 (up from kr4.27 in FY 2021). Revenue: kr4.76b (up 35% from FY 2021). Net income: kr191.3m (up 63% from FY 2021). Profit margin: 4.0% (up from 3.3% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 2 years compared to a 16% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 23% per year. Announcement • Feb 10
Proact IT Group AB (Publ) Proposes Dividend for the 2022 Proact IT Group AB (publ) proposed a dividend of SEK 1.85 (SEK 1.50) per share to the Annual General Meeting for the 2022 business year, corresponding to SEK 51 million (SEK 41).