Published on: October 12, 2017
Setting the Stage
Full year results confirm PROACTIS’ healthy financial performance continues. Against a backdrop of excellent deal volumes, gross margins improved sharply and underlying cash generation was strong. More importantly these results set the stage for the next act in the story. The Perfect acquisition transforms the company into a global player, doubling its size, expanding the product portfolio and broadening the customer base. It is this deal that will drive financial performance in FY18 and beyond. The company confirms its synergy targets and we leave our FY2018E forecast largely unchanged.