Proact is a European technology company that provides hybrid cloud solutions for mission-critical and societal data infrastructure. The company helps organizations manage, protect and create value from data in environments where availability, security and compliance are critical. At the intersection of hybrid cloud, cybersecurity and AI-driven data growth, Proact supports its customers in meeting increasing demands for compliance and resilience.
* A combination of growth and cost reductions... * .. and a balance between pricing tailwinds & extended lead times * Small revisions to estimates, adj. EBITA +0-2% Combining top-line growth with lower costs Q2 adj. EBITA was 7% better than we expected...
* 8% organic growth, sales +3% vs ABGe, adj. EBITA +7% * High memory prices into 2027, extended lead times but favourable Q3e set-up * Estimates +2-4%, stock to slightly outperform Q2 details Sales SEK 1,286m (3% vs ABG 1,247m, no cons). Adj. EBITA 105m...
* Dell group sales +24% vs cons, NetApp +4%, stocks +27% and +15% in aft-mkt * Accelerated revenue growth in Dell Storage sales and NetApp group revenue * Positive read-across to Proact System sales, share at 8.3x EV/EBITA Dell beat mainly driven by ...
* Memory prices boost system sales in Q2-Q3e *Cost initiatives paying off simultaneously, adj. EBITA +8-22% * Share now trading at 6.8x 2026e EV/EBITA Market tailwinds starting to become visible Proact had already pre-announced a strong EBITA growth ...
* Memory prices could cause pre-buying in H1 and setback thereafter * Good earnings resilience, 8% adj. EBITA growth in 2026e * 7.2x 2026e EV/EBITA and good financial headroom Effects from rising memory prices yet to be seen Dell and NetApp have concluded...
