Sectra lifts sales
Sectra lifts sales Sectra's sales for the period May-October 1999 totaled SEK 79.6 million, 10% more than in the same period in fiscal 1998/1999. Orders received reached SEK 125.4 million. Earnings before tax ended at SEK 0.7 (1.1) million, SEK 7.5 million of which was attributable to the second quarter. "Our past five fiscal years have shown extreme seasonal variation, with the lion's share of invoicing and earnings coming during the spring," says Sectra's CEO Jan-Olof Brüer. "The second quarter of 1999 witnessed a strong influx of orders as well as healthy earnings. In that same period, we received orders that are opening up new markets, including our first export order for the Tiger, our secure GSM mobile phone. "We have also introduced a non-military version of Sectra Tiger aimed at employees of international companies and organizations as well as government agencies like the police and customs," Brüer continues. "In our business area for medical image processing systems, we have developed a new generation of PACS digital x-ray system. The system attracted intense interest at the RSNA x-ray show in Chicago this year." After the end of the period, Sectra acquired Radisoft AB, which develops and supplies administrative systems for radiology. This acquisition complements and strengthens Sectra's range of products in medical image processing systems. For futher information please contact: Sectra AB, Jan-Olof Brüer President and CEO, ph +46 (13) 23 52 09, job@sectra.se Välkommen till vår hemsida: http://www.sectra.se Sectra's operations Since the mid-1980s, Sectra has successfully conducted development and sales of high-technology IT and telecommunications products. Today, the business includes products in medical imaging systems, secure communication systems and digital radio systems. Sectra AB is located in Mjärdevi Science Park in Linköping, Sweden, and evolved from research done at Linköping University. Business is conducted in five countries with a total of 140 employees. Sales for the fiscal year May 1998-April 1999 reached SEK 183 million. Since March 1999, Sectra's shares have been quoted on the O list of the OM Stockholm Exchange. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/12/14/19991214BIT00040/bit0001.doc http://www.bit.se/bitonline/1999/12/14/19991214BIT00040/bit0002.pdf