Brief: Proact IT Group Q4 Adjusted EBITA Increases By 79.6% To SEK 102.2 Mln

Proact IT AB

09/02/2023 07:15

Feb 9 (Reuters) - Proact IT Group AB  PACT.ST :
    * Q4 REVENUES INCREASED BY 52.8 PER CENT TO SEK 1,440.1
MILLION
(942.4)
    * Q4 ADJUSTED EBITA INCREASED BY 79.6 PER CENT AND AMOUNTED
TO SEK
102.2 MILLION (56.9)
    * BOARD HAS DECIDED TO UPDATE PROACT'S LONG-TERM TARGET FOR
RETURN
ON CAPITAL EMPLOYED TO 20 PER CENT TO BETTER REFLECT COMPANY'S
ACQUISITION STRATEGY
    * BOARD OF DIRECTORS PROPOSES THAT ANNUAL GENERAL MEETING
RESOLVES
ON A DIVIDEND OF SEK 1.85 (1.50) PER SHARE

Source text for Eikon:  ID:nWkrb1w8zQ 
Further company coverage:  PACT.ST 
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