Proact: Fiscal 1Q17 Financial Results
Revenue increasing by 21%
This is a Press Release edited by StorageNewsletter.com on April 21, 2017 at 2:53 pm(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%).