Proact has warned that delivery delays due to component shortages are expected to impact its fourth quarter revenues and results.
The outfit said it has seen strong demand for its systems solutions as well as its services so far during the fourth quarter.
However, it warned the global semiconductor shortage is contributing to significant delivery delays at several of Proact’s largest suppliers, which is expected to result in systems deals worth an estimated €14- €24 million will not be able to be delivered during the fourth quarter.
Proact added that despite the good order intake, revenues are expected to be negatively impacted by the corresponding amount.
Proact CEO Jonas Hasselberg said there had been a fast change in the supply chain during this quarter, which will have a short-term impact on its results.
“However, as a leading IT partner in Europe, we have a very good relationship with our suppliers, which gives Proact’s customers the highest possible priority.”
The systems integrator said the delivery situation is expected to be uncertain during the start of 2022 as the semiconductor shortages continue. However, the company claims it does not see any indications of further deterioration of the delivery times and will enter next year with a good order backlog.
The Stockholm-based VAR claimed its third quarter of 2021 generated the strongest Q3 EBITA result in the company’s history.
Adjusted EBITA for the quarter amounted to €5.9 million representing an 11 percent year on year rise.
