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PROACT Q2 Interim Report January - June 2021 Lower sales and good cost control April - June 2021 • Revenues decreased by 11 percent to SEK 878 ( 987 ) million . • Adjusted EBITA decreased by 18 percent and amounted to SEK 46.0 ( 56.3 ) million , corresponding to an adjusted EBITA margin of 5.2 ( 5.7 ) percent . • Profit before tax amounted to SEK 34.0 ( 40.1 ) million . • Profit after tax amounted to SEK 26.3 ( 31.3 ) million . • Profit per share amounted to SEK 0.95 ( 1.14 ) . • New contracts relating to cloud services worth SEK 72 ( 77 ) million were contracted , a decrease by 7 percent . . During the quarter , the acquisition of Conoa , a Swedish fast - growing company with specialist expertise within cloud solutions , was announced and completed . January - June 2021 • Revenues decreased by 3 percent to SEK 1,772 ( 1,830 ) million . Adjusted EBITA decreased by 11 percent and amounted to SEK 87.6 ( 98.9 ) million , corresponding to an adjusted EBITA margin of 4.9 ( 5.4 ) percent . • Profit before tax amounted to SEK 64.8 ( 73.5 ) million . • Profit after tax amounted to SEK 48.8 ( 57.1 ) million . • Profit per share amounted to SEK 1.78 ( 2.09 ) . • New contracts relating to cloud services worth SEK 150 ( 128 ) million were contracted , an increase by 17 percent . Financial summary Amounts in SEK million Total revenues Growth , % Apr - Jun Apr - Jun 2021 2020 Jan - Jun 2021 Jan - Jun 2020 Rolling 12 2020/2021 878.5 986.6 1,772.1 1,830.3 3.574.9 Jan - Dec 2020 3.633.1 -11.0 22.3 -3.2 6.7 1.5 6,6 of which currency rate effects , % -1.9 -1.1 -2.8 0.2 -3.2 -1,7 of which effect from acqusitions and divestments % 4.5 7.1 4.2 7.6 1.2 1,3 Organic growth , % 1 ) -13.5 15.4 -4.6 -1.1 3.6 1.3 Adjusted EBITA 2 ) 46.0 56.3 87.6 98.9 208.1 219.4 Adjusted EBITA margin , % 5.2 5.7 4.9 5.4 5.8 6.0 Operating profit ( EBIT ) 37.8 48.0 71.7 82.1 171.7 182.1 Operating margin ( EBIT ) , % 4.3 4.9 4.0 4.5 4.8 5.0 Profit before tax 34.0 40.1 64.8 73.5 159.0 167.7 Net margin , % 3.9 4.1 3.7 4.0 4.4 4.6 Profit after tax 26.3 31.3 48.8 57.1 124.0 132.3 Profit margin , % 3.0 3.2 2.8 3.1 3.5 3.6 Earnings per share ( outstanding shares ) , SEK 3 ) 0.95 1.14 1.78 2.09 4.49 4.80 Return on capital employed , % 4 ) 15.6 17.1 Cash flow from operations 246.9 178.8 190.8 148.7 510.2 468.1 1 ) Organic growth refers to growth excluding currency rate effects and acquired and divested companies . 2 ) EBITA before items affecting comparability . 3 ) Proact has a long - term performance based share program that could result in dilution of maximum 1.34 % . The comparative figures have been adjusted for the 1 : 3 share split that was implemented in May 2021. The company has bought back own shares which affects the key ratios above . 4 ) Calculated only for full year and rolling 12 months . About Proact Proact Proact is Europe's leading specialist in data and information management with focus on cloud services and data centre solutions . We help our customers to store , connect , protect , secure and drive value through their data whilst increasing agility , productivity and efficiency . We've completed thousands of successful projects around the world , have more than 4,000 customers and currently manage hundreds of petabytes of information in the cloud . We employ over 1,000 people in 15 countries across Europe and North America . Founded in 1994 , our parent company , Proact IT Group AB ( publ ) , was listed on Nasdaq Stockholm in 1999 ( under the symbol PACT ) . 1 Interim Report January - June 2021