Sectra's Six-month Interim Report 2018/2019: Stronger Cash Flow and Increased Order Bookings in the US

Sectra's Six-month Interim Report 2018/2019: Stronger Cash Flow and Increased Order Bookings in the US

PR Newswire

LINKÖPING, Sweden, Dec. 7, 2018

LINKÖPING, Sweden, Dec. 7, 2018 /PRNewswire/ -- International medical imaging IT and cybersecurity company Sectra (STO: SECT B) is growing in the medical IT and cybersecurity markets through collaboration with new and existing customers. Future ventures in new markets and new product areas are having a dampening effect on earnings but are expected to make a positive contribution to long-term growth. 

Six-month period, May–October 2018 

Second quarter in figures

Torbjörn Kronander, President and CEO of Sectra AB, comments 

"The order volume in the second quarter was favorable, but as expected did not reach the exceptional level reported in the corresponding quarter in the preceding year. The US operation doubled its order bookings and accounted for the largest increase during the period.

"The order book is healthy. All operating areas and geographic markets reported an increase in sales for the six-month period. Although the second quarter was slightly weaker than the comparative quarter, we are used to relatively large fluctuations between quarters and are well above our financial goals for the most recent 12-month period.

"Healthcare and cybersecurity are growing and rapidly changing markets, where numerous opportunities are being created for companies like Sectra. With stable underlying operations with favorable profitability and long-term customer contracts, we have laid a solid foundation for growth. Our high customer satisfaction, our fantastic employees—who make a difference in society and for their fellow human beings—and our exciting future initiatives will serve as the basis for our long-term success."

For further CEO comments and information, see the attached interim report.

Presentation of the interim report  

A teleconference will be held by Torbjörn Kronander, President and CEO of Sectra AB, and Mats Franzén, CFO of Sectra AB. The presentation will be held in English.

Time: December 7, 2018 at 10:00 a.m. (CET)

To participate, call:

SE +46856642662
UK +442030089808
US +18557532236

The report presentation can also be followed live online: A recorded version will also be available via this link after the conference.

This information constitutes information that Sectra AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and/or the Swedish Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out below, at 8:15 a.m. (CET) on December 7, 2018.

For further information, please contact: 

Torbjörn Kronander
President and CEO
Sectra AB
Tel +46-705-23-52-27

Press images: 

This information was brought to you by Cision,c2693211

The following files are available for download:

Sectra six-month report 2018/2019,c2541461

Torbjörn Kronander, President and CEO of Sectra AB

Voltar noticias em Inglês