Sectra interim report for the first quarter May - July 2003: Sectra's international sales continue to grow

Sectra interim report for the first quarter May - July, 2003: Sectra's international sales continue to grow Sectra reports a profit after financial items of SEK 12.2 million (19.8) for the first quarter, corresponding to a profit margin of 12.7% (13.9). Earnings per share amounted to SEK 0.25 (0.43) and sales to SEK 96.0 million (143.9). "We're reporting strong first quarter earnings and our sales to markets outside of Sweden continue to increase," says Jan-Olof Brüer, President and CEO of Sectra AB. "This is a result of our long-term focus on international expansion." Sectra has traditionally experienced seasonal variations that have resulted in the fiscal year starting with slow sales and low earnings. "Sales during the first quarter were lower than in the year-earlier period, primarily due to the fact that we completed more installations of digital radiology systems in Scandinavia last year than we normally do during the summer months. Among other projects during the first quarter of last year, we completed the digitizing of the radiology department at Södersjukhuset hospital in Stockholm, which is the single largest project in company history," says Jan-Olof Brüer. Since the end of the quarter, installation of Sectra's new digital mammography system has commenced at Helsingborg Hospital in Sweden. "Sectra MicroDose MammographyTM is being installed at Helsingborg Hospital. With our new system, women who undergo mammography exams at Helsingborg Hospital will benefit from the lowest radiation levels in the world," Jan-Olof Brüer concludes. For further information, contact: Sectra AB, Jan-Olof Brüer, President and CEO, +46 13 23 52 09, job@sectra.se Visit Sectra's website: www.sectra.se ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/09/02/20030902BIT00050/wkr0001.doc The full report http://www.waymaker.net/bitonline/2003/09/02/20030902BIT00050/wkr0002.pdf The full report