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Proactis SA – revenue 31 July 2020

Written by Customer Service on . Posted in Public Companies.

Proactis SA Announces Financial Information for the year ended 31 July 2020Paris – September 30, 2020 – Proactis SA (Euronext: PROAC), a leading provider of comprehensive spend management and business process collaboration solutions, today announced financial information for the year ended 31 July 2020, in accordance with the “European Transparency Obligations Directive” financial disclosure requirements.Financial dataTurnover of the Group is below the level of the prior period due principally to non-renewal of contracts in specific non-core product areas, and contract value decreases. Most of the losses were contracts which incorporated third party software. In the same way, the decrease in the value of contracts was mainly due to the cancellation of the element relating to third-party software. The Services component of revenues shows a slight increase due to the additional requirement of current customers.About Proactis SA (https://www.proactis.com/proactis-sa), a Proactis CompanyProactis SA connects companies by providing comprehensive, cloud-based spend management and collaborative business process automation solutions for both goods and services, through The Business Network. Our solutions integrate with any ERP or procurement system, providing our customers with an easy to use solution which drives adoption, compliance and savings.Significant customers include BASF, Nationwide, Michelin and HenkelProactis SA has major operations in Paris, Houston, Bonn and Manilla. Listed in Compartment C on the Euronext Paris Eurolist.ISIN: FR0004052561, Euronext: PROAC, Reuters: HBWO.LN, Bloomberg: HBW.FPContactsTel: +33 (0)1 53 25 55 00
E-mail: investorContact@proactis.com
AttachmentProactis SA revenue 31 July 2020

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