Proact: Fiscal 4Q17 Financial Results

(in SEK million)	4Q16	4Q17	*Growth*	FY16	FY17	Growth
Revenue	868	895	3%	2,922	3,258	*12%*
Profit after tax	33.8	35.0	3%	96.7	115.0	19%

Proact IT Group AB anounced its financial results for 4FQ17 ended December 2017.

The fourth quarter in brief
• Revenues increased by 3% to SEK 895 (868) million. Growth in local currencies was 4%. The organic growth equals -6%.
• EBITDA decreased by 8% and amounted to SEK 60.3 (65.7) million.
• Profit before tax decreased by 7% to SEK 46.4 (49.7) million.
• Profit after tax increased by 3% to SEK 35.0 (33.8) million.
• Profit per share amounted to SEK 3.81 (3.69).

2017 in brief
• Revenues increased by 12% to SEK 3,258 (2,922) million. Growth in local currencies was 12%. The organic growth equals 0%.
• EBITDA increased by 15% and amounted to SEK 220.2 (191.4) million.
• Profit before tax increased by 14% to SEK 152.5 (133.7) million. Adjusted for items affecting compa-rability during 2016 (SEK 5.8 million) the increase was 9%.
• Profit after tax increased by 19% to SEK 115.0 (96.7).
• Profit per share amounted to SEK 12.33 (10.32).
• Return on equity over the last 12 months amounted to 31.8% (29.8%)

The board of directors proposes that the annual general meeting should elect to pay a dividend of SEK 3.75 (3.50) per share.