Sectra’s year-end report for fiscal year 2005/2006 ended April 30, 2006: Sectra reports more than half billion in annual revenue

Sectra’s net sales for the 2005/2006 fiscal year rose to SEK 564.4 million (455.9), up 23.8% compared with the year-earlier period. Profit after net financial items increased to SEK 80.7 million (80.4), corresponding to a profit margin of 14.3% (17.6). Order bookings increased 7.6% to SEK 613.7 million (570.1).

Sectra’s profit after net financial items in the fourth quarter rose 40.8% to SEK 35.2 million (25.0), corresponding to a profit margin of 20.4% (17.9) Net sales in the quarter were up 23.9% to SEK 172.8 million (139.5). Order bookings for the quarter increased 5.0% to SEK 189.6 million (180.5). “Sales, profit and order bookings for the year are the highest ever reported for a fiscal year,” says Jan-Olof Brüer, CEO and President of Sectra AB. “The focus on increased direct sales of our medial systems has exceeded expectations and despite added costs for major market investments and phasing out relations with Philips, we increased profit compared with the preceding fiscal year.” Sectra’s largest business area, Medical Systems, has contributed to the Group sales increases through rising revenues for sales, services and support. The largest single increase is attributable to the key US market. In total, installation of Sectra’s medical systems rose 27% compared with a year earlier. “Currently, a total of more than 40 million radiology examinations are annually carried out with our systems, which makes us a world leader in the supply of systems for handling digital radiology images,” says Jan-Olof Brüer. Sectra has opened an office for sales, service and support of secure communications in the Netherlands. “We have framework agreements established with the Defense Department and other government agencies in the Netherlands. Through our new office in the Haag we gain greater possibilities to meet Dutch demands for advanced security products,” says Jan-Olof Brüer. In May, Sectra’s CEO Jan-Olof Brüer assumed the position as Acting President of Sectra’s operations within secure communications systems after the former President left the company.