Sectra reports continued good growth


Sectra reports continued good growth

IT and medical-technology company Sectra's net sales increased by 16.2% to SEK
863.3 million (742.9) compared with the preceding fiscal year. The Group's order
bookings rose 13.1% to SEK 1,149.7 million (1,016.6). Profit after financial
items was SEK 71.4 million (79.8), corresponding to profit margin of 8.3%
(10.7).

During the fourth quarter, Sectra's net sales rose 17.5% to SEK 263.7 million
(224.5). Profit after financial items amounted to SEK 7.4 million (42.3),
corresponding to a profit margin of 2.8% (18.9). Order bookings increased 31.2%
to SEK 207.7 million (158.3). 

“A limited number of large, long-term customer projects have resulted in initial
costs for the Group that affected the profit margin adversely. Profit was also
adversely impacted by the continued expansion of distribution channels and
increase in production capacity in the mammography area,” says Jan-Olof Brüer,
President and CEO of Sectra AB. 

The international expansion continued and markets outside Sweden accounted for
70.2% (66.8) of the Group's sales during the year.

“The Medical Systems business area continued to expand during the 2008/2009
fiscal year despite weaker economic conditions worldwide. Within the business
area, the Mammography product division experienced the greatest growth during
the 2008/2009 fiscal year, increasing 50%,” says Jan-Olof Brüer.

Within Secure Communication Systems, market penetration in the European
government agencies market increased during the fiscal year. 

“Sectra is the leading supplier of secure telephony and our Tiger products are
currently used by government agencies and defense organizations in more than
half of the 27 EU member countries,” says Jan-Olof Brüer.

For further information, contact:
Jan-Olof Brüer, President and CEO Sectra AB, tel. +46 13 23 52 09

Presentation of the year-end report:
Sectra's CEO will present the report to analysts and the media during a
financial hearing at Operaterrassen in Stockholm on May 26 at 12:00 noon.

It will be possible to participate in the presentation live via the Internet.  A
link will be available at www.sectra.se approximately five minutes before the
start of the presentation.


About the Sectra Group
Sectra successfully develops and sells high-technology products in the expansive
niche segments of medical systems and secure communication systems. The company
was founded in 1978 and has its roots in the Linköping University in Sweden.
Today, Sectra has offices in 12 countries and operates through partners
worldwide. Net sales in the 2008/2009 fiscal year totaled SEK 863 million. The
Sectra share is listed on the NASDAQ OMX Stockholm AB exchange. For more
information about Sectra visit www.sectra.com.

Attachments

05262018.pdf