Interim Report from Sectra AB (publ) for the Period May - October 1999

12/14/1999 2:37 AM EST

The period in brief (figures for May-October 1998 in parentheses)

* Sales rose 10%, to SEK 79.6 (72.6) million for the first half, SEK 66.0
million attributable to the second quarter.

* Earnings before tax totaled SEK 0.7 (1.1) million, SEK 7.5 million
attributable to the second quarter.

* Earnings per share ended at SEK 0.05 (0.08).

* Orders received totaled SEK 125.4 million, of which SEK 61.3 million
came in the second quarter.

Significant events in the second quarter

* Sectra received an order worth NOK 4.5 million for its picture archiving
and communication system (PACS) from the Norwegian hospital Namdal
Sykehus.

* Sectra received its first export order for the Sectra Tiger, the
company's secure GSM telephone, from the Norwegian armed forces, valued at
roughly SEK 40 million. The Tiger phone was launched for non-military
users at the Telecom '99 trade fair in Geneva.

* On October 7, Sectra signed a letter of intent to acquire Radisoft AB,
which makes radiological information systems. The acquisition was
completed after the end of the period under review.


Sectra traditionally experiences seasonal variations as slow sales at the
start of each new fiscal year. The majority of invoicing and profit often
comes in the spring. This pattern has repeated itself through the past
five fiscal years.