Proact IT Group

* Cautious Q4 guidance supports positive organic growth in 2027e * CMD and potentially new targets coming up * Adj. EBITA +1-3%, share now at 8.0x 2027e EV/EBITA 2027e organic growth support Proact delivered a better-than-expected Q3 report on adj. EBITA...

* 8% organic growth, sales -2% vs cons but adj. EBITA +12% * Strong demand but highlights that long lead times could delay near-term deliveries * Estimates likely +2-4%, share neutral to slight outperformance Q3 details Sales SEK 1,180m (-3% vs ABG 1...

* AI is increasing demand for hardware-based storage infrastructure * NetApp confirmed Dell's report, record order and sales growth * Focus on West and Central margins, growth ambitions to be covered on CMD Increasing demand for hardware infrastructure...

* Dell Storage sales +26% y-o-y driven by data center modernisation * Decent correlation to Proact System sales (partner to Dell), positive for Q3-Q4e * Delivery times the uncertain factor, but demand continues to surprise positively Dell Q2'27 with ...