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Proact IT Q3 profit after tax more than doubles to SEK 80 million
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Proact IT Q3 profit after tax more than doubles to SEK 80 million
  • Proact IT Group's July–September 2026 profit after tax more than doubled to SEK 80 million.
  • Revenue rose 9% to SEK 1.18 billion, while new contracts for cloud services dropped 52% to SEK 118 million.
  • Cash flow from operating activities turned positive at SEK 132 million.
  • CEO Magnus Lönn said AI expansion and greater focus on critical infrastructure are driving demand for data storage and protection.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Proact IT Group AB published the original content used to generate this news brief on October 22, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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