Proact IT Group

* 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 ...

* A combination of growth and cost reductions... * .. and a balance between pricing tailwinds & extended lead times * Small revisions to estimates, adj. EBITA +0-2% Combining top-line growth with lower costs Q2 adj. EBITA was 7% better than we expected...

* 8% organic growth, sales +3% vs ABGe, adj. EBITA +7% * High memory prices into 2027, extended lead times but favourable Q3e set-up * Estimates +2-4%, stock to slightly outperform Q2 details Sales SEK 1,286m (3% vs ABG 1,247m, no cons). Adj. EBITA 105m...