PACTNasdaq StockholmTechnologyIFRS · SEK

Proact IT Group

Proact IT Group is a Nordic-rooted IT infrastructure and services company focused on hybrid cloud, data center, and cybersecurity solutions. It designs, delivers, supports, and manages environments that combine on-premises infrastructure with private, hosted, and public cloud services across Europe and the United States.

Revenue4,679m SEK
−3.8 %y/y
Operating profit (EBIT)171m SEK
−42.1 %y/y
EBIT margin3.7%
−2.4 ppy/y
Net income-26.3m SEK
−100.0 %y/y

Fiscal year 2025 · change from previous year

Development 2021–2025

01,0002,0003,0004,0005,000m SEK2021: 2,002 m SEK2021: EBIT 166 m SEK20212022: 2,861 m SEK2022: EBIT 261 m SEK20222023: 2,698 m SEK2023: EBIT 230 m SEK20232024: 4,864 m SEK2024: EBIT 296 m SEK20242025: 4,679 m SEK2025: EBIT 171 m SEK2025TTM 2026: 4,821 m SEKTTM 2026: EBIT 336 m SEKTTM4,821336
RevenueOperating profit (EBIT)TTM = last 12 months, not a full fiscal year

Business

Share of revenue
Hybrid cloud services35 %

Architecture, delivery, and management of mixed on-premises and cloud environments.

Infrastructure solutions25 %

Servers, storage, networking, and related data center infrastructure offerings.

Managed services20 %

Ongoing operation, support, and full-service management of customer IT environments.

Cybersecurity services10 %

Security solutions, monitoring, and advisory services for protecting customer data and systems.

Professional services10 %

Consulting, implementation, and advisory work around digital transformation and IT strategy.

Customers

Proact sells to organizations that need secure, flexible IT delivery across data centers and cloud platforms. Its customer base includes enterprises and public-sector organizations that want to modernize infrastructure, improve data handling, and strengthen cybersecurity. Buyers typically choose Proact for specialist expertise, local delivery capability, and the ability to combine multiple deployment models in one solution.

Enterprise IT buyers

Large companies buying hybrid cloud, infrastructure, and managed services to modernize IT delivery and improve flexibility.

Public sector

Government and public organizations buying secure, compliant IT environments and support services.

Security-focused organizations

Customers buying cybersecurity, data protection, and monitoring services because of rising threat levels.

Digital transformation projects

Organizations buying consulting and implementation services to support analytics, automation, and AI use cases.

Strategy

Proact’s strategy centers on strengthening its position in hybrid cloud services while maintaining a strong base in data center infrastructure. It is also focused on standardizing service delivery, deepening customer relationships, and expanding through acquisitions where they add capability or geographic reach.

Broaden market positionMedium term

A wider offering and stronger geographic reach improve access to enterprise and public-sector accounts.

Accelerate hybrid cloud offeringMedium term

Customers increasingly want flexible architectures that combine private, hosted, and public cloud.

High quality and standardised service deliveryShort term

Consistent delivery supports customer retention, repeat sales, and scalable operations.

Focus on employeesShort term

Specialist IT services depend on recruiting and retaining skilled technical staff.

Accelerate growth through acquisitionsMedium term

Acquisitions can add capabilities, customer relationships, and market coverage.

Geography

Proact operates across Europe and the United States, with a presence in more than 30 offices in 13 countries. Its business is shaped by local delivery requirements, data-location expectations, and differing regulatory environments, which make regional coverage important to its service model.

Risks

Proact’s main risks come from cybersecurity exposure, dependence on skilled employees, and the complexity of integrating acquisitions. As an IT services provider handling business-critical customer data, it also faces regulatory, operational, and reputational risk if service quality or security fails.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Cybersecurity incidents1Regulatory and legal compliance3
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Cybersecurity incidentsImpact: HighLikelihood: Medium

    The company manages business-critical customer data and provides security-related services, so breaches could harm operations and reputation.

    ExposureCustomer dataService deliveryTrust
  2. Talent retention and recruitmentImpact: High

    Specialist consulting, support, and managed services depend on qualified staff that are difficult to replace quickly.

    Exposure: Delivery capacity and service quality

  3. Regulatory and legal complianceImpact: MediumLikelihood: Medium

    Operating across multiple countries increases exposure to privacy, data-location, and contract compliance requirements.

    Exposure: Cross-border service delivery

  4. Acquisition integrationImpact: Medium

    Growth through acquisitions requires successful integration of systems, people, and customer relationships.

    ExposureSynergiesMarginsExecution

Accounting

Judgemental items
IFRS 16 leases

The company recognizes right-of-use assets and lease liabilities for premises, vehicles, and IT equipment, affecting leverage and EBITDA-style metrics.

Impact: Balance sheet size, depreciation, and interest expense

Goodwill impairment

Acquisitions create goodwill and intangible assets that depend on future cash flow assumptions.

Impact: Potential non-cash impairment charges

Business combination accounting

Acquired assets and liabilities are measured at fair value, which can affect future amortization and reported earnings.

Impact: Purchase price allocation and post-deal earnings

Tax loss recognition

Deferred tax assets depend on assumptions about future taxable profits.

Impact: Reported equity and tax expense

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026