LINKOPING, Sweden, March 5, 2002 (PRIMEZONE) -- Sectra report for the nine months ended January 31, 2002: Strongest interim report in Sectra's history
Sectra reports increased sales, profit and order bookings during the first nine months of its 2001/2002 fiscal year, compared with the corresponding period in the preceding year. Sales increased 39% amounting to SEK 266.3 million (191.0) while earnings before tax amounted to SEK 39.2 million (19.9). Order bookings rose 53% to SEK 411.1 M (268.3).
"It is with pleasure that we present this interim report, which contains the best figures in the Company's history. We have gained the confidence of several new customers and our operations are performing well," says Jan-Olof Bruer, CEO and President of Sectra AB.
In the third quarter, order bookings increased 227% to SEK 239.6 million (73.1). Sales rose 45% to SEK 122.1million (84.4), and earnings before tax improved 133%, amounting to SEK 23.3 million (10.0).
The market for medical systems is growing rapidly, as hospitals increasingly choose to enhance the efficency of their radiology operations by introducing digital systems.
"All of our business areas - especially medical systems but also secure communication systems and wireless technologies - enjoyed sales successes in the third quarter," Jan-Olof Bruer concluded.
Visit Sectras website http://www.sectra.com
About Sectra
Sectra has its roots in Linkoping 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.
The period in brief (May 2000 - Jan 2001 in parentheses)
* Sales increased by 39% to SEK 266.3 million (191.0).
* Earnings before tax rose 97% to SEK 39.2 million (19.9).
* Profit per share equaled SEK 0.85 (0.43).
* Order bookings increased to SEK 411.1 million (268.2), up 53%.
Annual General Meeting: June 27, 2002
Financial Hearing
Sectra will present the interim report March 5, 12.00 CET at the Operaterrace in Stockholm. The presentation will be available on the Internet www.sectra.se at 19.00 CET.
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