89 Proact UK

Doug Woodburn
clock • 1 min read

Revenue: £49.1m (+5%)

Net profit: 4.8%     Staff: 219

Bolstered by a mammoth NHS Blood and Transport product deal in Q3, the UK arm of this pan-European storage integrator grew revenues five per cent to £49.1m in calendar 2020. Product sales rose 20 per cent, while services fell four per cent. It logged a further 12 per cent growth in the first nine months of 2021, according to its Swedish parent, although this was entirely due to the addition of October 2020 acquisition Cetus (organic revenues fell five per cent). Globally, NASDAQ Stockholm-listed Proact has 1,062 staff.

Covid impact

While product sales propped up Proact UK's revenues last year (thanks to an increase in tactical spend on traditional systems to support remote working), 2021 has seen services take the strain. On an organic basis, services revenues were flat in the first nine months, while product revenues fell 10 per cent.

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