Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
  • inderesTV
  • Forum
  • About Us
    • Our Coverage
    • Team
Third party research

Proact: A bitter end to an otherwise good year - ABG

Proact IT Group

This is a third party research report and does not necessarily reflect our views or values

Download report (PDF)
Surprising Q4 PW and CEO resignation, but likely two isolated events
Volatile systems business behind Q4 EBITA -40% vs cons
2025 estimates likely cut by 5-10%, and multiple could get a hit


Q4 PW and CEO resignation likely two separate events

Proact sent out a surprising Q4 PW and CEO resignation this morning. The CEO, Jonas Hasselberg, has signed on with a PE-owned IT company in Sweden (no competing business) for an opportunity he couldn't resist, and says it is unrelated to the Q4 results. Q4 PW is driven by a volatile (as usual) systems business with large hardware shipments that are lumpy between quarters. Q4 EBITA guided to be down 20-30% y-o-y, which is -40% vs FactSet consensus, driven by weaker Nordics & Baltics after a couple of strong quarters and a challenging German market overall. Proact comments that the development is mainly of a temporary nature.
Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • X (Twitter)
Get in touch
  • info@hcandersencapital.dk
  • Bredgade 23B, 2. sal
    1260 København K
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.