Sweden’s Sectra has record six months

Swedish IT and medical-technology company Sectra has announced a record breaking six months with bookings, revenues and profits all up.

Successful direct sales of medical systems led to Sectra’s order bookings during the second quarter being the highest ever. Among other orders, Sectra secured the largest single order to date when the Northern Ireland Department of Health signed an agreement valued at about SEK 360 million over ten years.

Sectra’s first half bookings up 183% to €54m (SEK 548.3m). Net sales rose 11% to €19.7m (SEK 199.4m)

Profit after financial items was reported up 114% to €4m (SEK 42.0m), giving a profit margin of 21%.

“Due to strengthening of the US dollar and euro during the quarter, we reported a significant rise in profit after financial net,” says Jan-Olof Brüer, president and CEO of Sectra AB.