Proact IT Group AB (publ) (PACT) Earnings Call Transcripts

Proact IT Group AB (publ)'s Latest Earnings Call - Q1 FY2026

In Q1 2026, Proact IT Group AB reported total revenue of SEK 1.243 billion, reflecting a 2.3% year-over-year increase, driven by strong system sales growth of 3.5%. Adjusted EBITDA surged by nearly 46% to SEK 115 million, supported by cost reductions and rising memory prices. Management indicated that while they expect continued momentum in Q2, they foresee a potential slowdown in the latter half of the year due to longer delivery times and customer purchasing behavior.

Reported metrics

Guidance from management

Management expects continued positive momentum in Q2 but anticipates a slowdown in the second half due to longer delivery times and potential customer purchasing delays. They are focused on maintaining profitability across all business units.

What management said

So good morning, everyone, and welcome to our Q1 2026 report presentation. My name is Christopher, and I'm Investor Relations and Communications Manager here at Proact. With me today, I have Magnus Lonn, President and CEO; and Asa Regen Jansson, CFO, who will walk you through an introduction to Proact followed by a quarterly update, financials and lastly, our closing remarks. After that, we will open up for Q&A. You...

Yes. So if you have any questions, just raise your hand, and I will hand you the word or submit them in the chat, and I will read them out loud. Let's see handing the word to Daniel Thorsson.

What analysts pressed on

Analysts expressed concerns regarding the low organic growth in system sales despite price increases and the impact of longer lead times on future performance. There were also questions about the sustainability of recent EBITDA growth and the effects of divestments on overall revenue.

Main topics on the call

• Strong EBITDA Growth — Proact achieved an adjusted EBITDA of SEK 115 million, representing a 45% increase year-over-year. CEO Magnus Lonn attributed this growth to successful cost reduction efforts and rising memory prices, stating, "the stron...
• System Sales Performance — System sales grew by 3.5% year-on-year, totaling SEK 712 million. This growth was partly driven by a pull-forward effect as customers anticipated price increases, with Lonn noting, "we have seen a lot of customers that h...
• Recurring Revenue Challenges — Recurring revenue slightly declined to SEK 429 million year-on-year, although it increased by 1.3% on a like-for-like basis. The decline was attributed to lower customer intake and churn issues in certain business areas,...
• Market Dynamics and Memory Prices — Management highlighted that memory prices have risen significantly due to supply constraints, which they expect to persist throughout 2026. Lonn remarked, "the price increases of memory will last at least throughout the ...

Read the full Proact IT Group AB (publ) transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 24 Proact IT Group AB (publ) earnings call transcripts on record, spanning April 24, 2020 to July 16, 2026. Based on this history, Proact IT Group AB (publ) reports quarterly. The most recent call on file is dated July 16, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

PACT

Exchange

OM

Country

SE

Sector

Information Technology

Industry

IT Services

Calls on record

24

First call

April 24, 2020

Most recent

July 16, 2026

Reporting cadence

quarterly