Corporate governance
President’s statement
The second quarter of the year has gone well for Proact. This is the company’s best second quarter ever, with growth of 12 % to SEK 359 million. Growth adjusted for currency effects amounted to 18 %. Profit before tax was up 14 % to SEK 16.0 million, with a profit margin before tax of 4.5 %. Over the first six months of the year, net sales amounted to SEK 677 million, representing an increase of 9 %. Growth adjusted for currency effects amounted to 17 %. Profit before tax was up 13 % to SEK 25.5 million, with a profit margin before tax of 3.8 %.
Contracted income is continuing to develop well. The services offered by the company in the fields of Outsourcing, Support and various kinds of On Demand services are being received well by the market. Earlier investments in greater market resources have brought about accelerated development, primarily in the public sector. Finland is continuing to demonstrate good results and is better than anticipated. Development in Denmark is poorer than expected. The target for 2010 is profitable growth on all markets, along with establishment of Proact on new markets.
The Group employed 328 people at the end of the quarter, 3 more than for the same period last year.
Olof Sand
CEO and President
Article of Association
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Corporate Governace report |
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