Interim report Sectra AB (publ) for the period May - October 2000

Interim report Sectra AB (publ) for the period May- October 2000 The period in brief (May-October 1999 in parentheses) * Sales reached SEK 106.6 (79.6) million, up 34%. * Earnings before tax rose to SEK 9.9 (0.7) million. * Earnings per share equaled SEK 0.22 (0.05). * Orders received totaled SEK 195.1 (125.4) million, up 56%. Significant events in the second quarter * Sectra's PACS workstation for digital x-rays receives top ranking in an international scientific evaluation. * The US Defense department USEUCOM orders Sectra's secure mobile phone Tiger. * Sectra introduces CitySurfer, a mobile information terminal and receives, in connection with this, an order for CitySurfer from the North American net operator CUE Corporation. * The international expansion continues and Sectra opens offices in Italy and Denmark. Significant event after the end of the period * Sectra presents a revolutionary digital mammography system based on a completely new technology. The new system provides the same high image quality as today's film-based systems at one fifth of the radiation dose. Markets and product development Sectra's international expansion has continued during the second quarter and new offices are being established in Italy and Denmark. Thereby Sectra has offices in six countries. In the field of medical systems, Sectra's PACS workstation for digital x- rays was awarded top ranking and outclassed its competition in an international scientific evaluation of commercial PACS workstations. The evaluation covered workstations from all major international PACS vendors. Sectra also received an order from Gävleborg County Council to complete digitization of all radiology departments within the County's healthcare system. The business within secure communication systems received a strategically important order when the US Defense Department USEUCOM ordered the GSM- phone Tiger. During the period Sectra has also sold 300 more Tiger-phones to the Swedish Defense. In the field of wireless information systems Sectra introduced its new mobile Internet product CitySurfer at the Networks Telecom exhibition in Stockholm in September. In connection with this the American net operator CUE Corporation ordered CitySurfer. CUE is one of the largest net operators in the world for transfer of data on the FM band. It's a three- year agreement and the order value is at least USD 5.7 million. Sales and earnings Consolidated sales for the first six-month period increased 34% to SEK 106.6 (79.6) million, putting the figure for sales in the second quarter at 58.1. Consolidated earnings before tax for the second quarter reached SEK 3.9 million resulting in an increase for the first six month at 9.9 (0.7) million. Orders received during the quarter totaled SEK 109.9 million, putting the figure for the first half at SEK 195.1 (125.4) million, an improvement of 56% compared to the same period last year. Financial position Sectra enjoys a solid financial position. On October 31, 2000, the Company had an equity ratio of 56.1% (60.7), and liquidity ratio of 3.0 (3.0). The Company's interest-bearing liabilities equaled SEK 9.9 (3.0) million. Investments Investments in the Group reached SEK 5.9 (1.7) million. Investments were made in shares in the associated company Mamea Imaging AB and computers and other equipment. Bonus issue and share-split On August 15 2000, Sectra carried through a bonus issue and a share-split three-to-one that was approved at the annual meeting of shareholders July 5 2000. The bonus issue, that raised the par value of a share from SEK 2.50 to SEK 3.00, effected an increase in share capital from SEK 5,460,157.50 to SEK 32,760,945.00. The share-split adjusted the nominal share value from SEK 3 to SEK 1. For each existing share, two new shares have been issued. After the split there are 32,760,945 shares in Sectra, of which 2,620,692 are series A shares and 30,140,253 series B. Convertible debentures In accordance with the decision by the Annual General Meeting the employees, with deviation for the shareholders' preferential rights, have been offered subscription for convertible debentures in a total maximum amount of SEK 30 million. Employees showed great interest and 63% have participated in the program. Assuming full conversion Sectra would have an additional 327,700 B shares, corresponding to no more than 1.0% of the share capital and 0.6% of the voting rights. The convertible debentures mature on July 1, 2003, and have a conversion price of SEK 84. Employees On October 31, Sectra had 173 employees, which mean that staff numbers increased by five during the second quarter. Outlook Sectra have a very solid position in several high growth niche markets. The Company has a strong domestic market position within niches where Sweden leads the technical development. Based on this the Board of Directors expects that Sectra will continue to expand while maintaining profitability. Future reports Interim Report May 2000-January 2001: March 6, 2001 Preliminary Earnings for 2000/2001: May 29, 2001 Since the mid-1980s, Sectra AB 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. Sectra's shares have been quoted on the O list of the OM Stockholm Exchange since March 3, 1999. For further information, please contact Jan-Olof Brüer, President and CEO, ph: + 46 (13) 23 52 00 email: Linköping December 12, 2000 Sectra AB (publ) Board of Directors This report has not been examined by the Company's auditor. ------------------------------------------------------------ This information was brought to you by BIT The following files are available for download: The full report The full report

About Us

Sectra assists hospitals throughout the world to enhance the efficiency of care, and authorities and defense forces in Europe to protect society’s most sensitive information. Thereby, Sectra contributes to a healthier and safer society. The company was founded in 1978, has its head office in Linköping, Sweden, with direct sales in 19 countries, and operates through partners worldwide. Sales in the 2017/2018 fiscal year totaled SEK 1,267 million. The Sectra share (STO: SECT B) is quoted on the Nasdaq Stockholm exchange. For more information, visit