Corrections to 2020/2021 year-end report and nine-month interim report
Linköping, Sweden – June 4, 2021 – Sectra (STO: SECT B) hereby announces corrections to the company’s year-end report published on June 2, 2021 and nine-month interim report published on March 12, 2021. The corrections pertain to percentages in comments on changes in the company’s sales and earnings based on unadjusted exchange rates in the third and fourth quarters of 2020/2021. The corresponding figures for the full year and nine-month period were stated correctly and thus have not been corrected.
Corrections on page 1 of the 2020/2021 year-end report pertaining the fourth quarter of 2020/2021:
- Net sales increased 3.7% to SEK 526.2 million (507.6). Based on unadjusted exchange rates, the increase was 10.4% (previously stated as 23.8%).
- Operating profit rose 32.6% to SEK 163.9 million (123.6), corresponding to an operating margin of 31.1% (24.3). Based on unadjusted exchange rates, operating profit increased 49.8% (previously stated as 69.6%).
Corrections on page 1 of the 2020/2021 interim report pertaining the third quarter of 2020/2021:
- Net sales declined 13.8% to SEK 394.2 million (457.4). Based on unadjusted exchange rates, the decrease was 8.3% (previously stated as 3.3%).
- Operating profit declined 30.7% to SEK 69.1 million (99.7), corresponding to an operating margin of 17.5% (21.8). Based on unadjusted exchange rates, operating profit decreased 21.3% (previously stated as 12.7%).
Corrected versions of the reports are included as appendices to this press release and are available at investor.sectra.com.
For further information, please contact:
Dr. Torbjörn Kronander, President and CEO, Sectra AB, +46 (0) 705 23 52 27
Mats Franzén, CFO of Sectra AB, +46 (0) 720 22 50 24
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 2020/2021 fiscal year totaled SEK 1,632 million. The Sectra share is quoted on the Nasdaq Stockholm exchange. For more information, visit Sectra's website.