Datadobi

Proact: Fiscal 1Q17 Financial Results

Revenue increasing by 21%
This is a Press Release edited by StorageNewsletter.com on 2017.04.21

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(in SEK million) 1Q16 1Q17 Growth
Revenue
723 877 21%
Profit after tax 14.8 25.0  

The first quarter in brief:
    •    Revenues increased by 21% to SEK 877 (723) million, the organic growth equals 7%.
    •    EBITDA increased by 37% and amounted to SEK 53.6 (39.0) million.
    •    Profit before tax increased by 60% to SEK 34.0 (21.2) million. Adjusted for items affecting comparability for the first quarter 2016 (SEK 5.8 million) the increase was 25%.
    •    Profit after tax increased by 69% to SEK 25.0 (14.8) million.
    •    Profit per share amounted to SEK 2.65 (1.55).
    •    Return on equity over the last 12 months amounted to 31.7% (26.2%).

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