Sectra's bes six-month figures
12/5/2001 3:15 AM EST
Sectra's best six-month figures
During the first six months of the financial year, Sectra improved its
profits by 35 % to SEK 15.9 million (9.9) compared with the year-earlier
period. Sales increased by 35 % to SEK 144.2 million (106.6). Order
bookings amounted to SEK 171.5 million (195.1).
Sales during the most recent three-month period increased by 62 % to SEK
93.9 million (58.1). During the quarter, profits improved by 151 % to
SEK 13.8 million (5.5).
"The significantly improved profit and the increased sales are a direct
consequence of the growth in sales figures we have experienced during
the past two years," says Jan-Olof Brüer, President of Sectra.
Sectra has a strong technology platform. The products and systems
solutions developed by Sectra target market niches with extensive growth
potential both in the Swedish domestic market and internationally. It is
the assessment of the Board of Directors that Sectra will continue to
expand with favorable profitability.
During the quarter, Sectra's new digital mammography system Sectra
MicroDose Mammography, has advanced to the stage of tests in a clinical
environment at Stockholm's St Göran Hospital. A collaboration regarding
corresponding tests in the US have been initiated with Professor Etta
Pisano at the University of North Carolina School of Medicine, in Chapel
Hill, North Carolina. It is expected that the first mammography systems
will be brought into use during 2002.
Sectra's workforce has continued to grow. During the second quarter the
number of employees increased by 23 persons and currently amounts to
218.
For further information, please contact:
Sectra AB, Dr. Jan-Olof Brüer, President and CEO, +46 13 23 52 09,
Visit Sectras website http://www.sectra.com
About Sectra
Sectra has its roots in Linköping Technical University and is one of
Sweden's fastest growing high-tech companies in the IT area. Since the
mid-1980s, Sectra has successfully conducted development and sales of
high-technology medical IT and telecommunications products. Today, the
business includes products in medical systems, secure communication
systems and wireless information systems.
Business is conducted in six countries with a total of 218 employees.
Sales for the fiscal year May 2000-April 2001 reached SEK 292 million.
Since March 1999, Sectra's shares have been quoted on the O list of the
OM Stockholm Exchange.