Interim Report from Sectra AB (publ) for the Period May - October 1999

Interim Report from Sectra AB (publ) for the Period May - October 1999 The period in brief (figures for May-October 1998 in parentheses) * Sales rose 10%, to SEK 79.6 (72.6) million for the first half, SEK 66.0 million attributable to the second quarter. * Earnings before tax totaled SEK 0.7 (1.1) million, SEK 7.5 million attributable to the second quarter. * Earnings per share ended at SEK 0.05 (0.08). * Orders received totaled SEK 125.4 million, of which SEK 61.3 million came in the second quarter. Significant events in the second quarter * Sectra received an order worth NOK 4.5 million for its picture archiving and communication system (PACS) from the Norwegian hospital Namdal Sykehus. * Sectra received its first export order for the Sectra Tiger, the company's secure GSM telephone, from the Norwegian armed forces, valued at roughly SEK 40 million. The Tiger phone was launched for non-military users at the Telecom '99 trade fair in Geneva. * On October 7, Sectra signed a letter of intent to acquire Radisoft AB, which makes radiological information systems. The acquisition was completed after the end of the period under review. Sectra traditionally experiences seasonal variations as slow sales at the start of each new fiscal year. The majority of invoicing and profit often comes in the spring. This pattern has repeated itself through the past five fiscal years. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/12/14/19991214BIT00060/bit0001.doc The full report http://www.bit.se/bitonline/1999/12/14/19991214BIT00060/bit0002.pdf The full report