Proactis has reported interims in line with the February trading update, confirmed as EBITDA of £8.4m from revenue of £26m. The challenges we anticipated following the acquisition are on track, and we expect progress with synergies in FY18 (July year end) and revenue growth in FY19: synergies are on track for delivery of the net £3m in the year’s income statement from a year-end run rate of £5m; and catalysts for growth into FY19 remain strong. While the expected

24 Apr 2018
Growing up in public

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Growing up in public
- Published:
24 Apr 2018 -
Author:
Andrew Darley -
Pages:
11 -
Proactis has reported interims in line with the February trading update, confirmed as EBITDA of £8.4m from revenue of £26m. The challenges we anticipated following the acquisition are on track, and we expect progress with synergies in FY18 (July year end) and revenue growth in FY19: synergies are on track for delivery of the net £3m in the year’s income statement from a year-end run rate of £5m; and catalysts for growth into FY19 remain strong. While the expected