Press release - Linköping,
Nine-month period, May 2020-January 2021 in figures
- Order bookings increased 79.1% to
SEK 1,962.4 million (1,095.5). -
Net sales declined 4.1% to
SEK 1,106.2 million (1,153.5). Based on unadjusted exchange rates, net sales increased 0.4%. -
Operating profit rose 8.4% to
SEK 186.2 million (171.8), corresponding to an operating margin of 16.8% (14.9). Based on unadjusted exchange rates, operating profit increased 19.5%. -
Profit before tax amounted to
SEK 181.8 million (176.3). -
The figures include items affecting comparability related to the
Secure Communications operating area. These items had a net effect of negativeSEK 0.5 million on operating profit. -
Cash flow after changes in working capital increased to
SEK 258.5 million (215.2).
Third quarter, November 2020-January 2021 in figures
- Order bookings increased 38.7% to
SEK 598.0 million (431.1). Of the order bookings during the quarter, 17% were recognized as revenue during the quarter and a further estimated 22% to 32% pertains to revenue within 12 months after the end of the quarter. -
Net sales declined 13.8% to
SEK 394.2 million (457.4). Based on unadjusted exchange rates, the decrease was 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 12.7%. -
Profit before tax amounted to
SEK 67.8 million (100.7). -
Cash flow after changes in working capital amounted to
SEK 136.7 million (134.1).
Comments from Torbjörn Kronander, President and CEO of
"Satisfied customers are the ultimate proof that our employees and solutions deliver substantial value, which helps to improve the efficiency and quality of healthcare and increase cybersecurity in society. Customer value that in turn creates value for our employees and shareholders. Although the products we offer are highly appreciated, customer satisfaction largely comes down to our employees and how we work together within the company and in consultation with our customers. The foundation for our success in this regard lies in our corporate culture. How we listen to customers to ensure we understand and deliver solutions to their problems, and an entrepreneurial spirit that drives us to achieve innovations that increase customer value."
"Our earnings and sales did not quite reach the levels reported in the comparative quarter. Given that the third quarter of 2019/2020 was a record-breaking quarter and that we are now burdened by a pandemic and a stronger SEK, we are nevertheless pleased with our results."
"Even if the pandemic results in a temporary decline in demand in some markets and areas, people will still fall ill and society will still need cybersecurity. With long-term initiatives, investments in existing customer offerings and innovation, we create value for our customers. That way, we help make society healthier and safer."
See the attached interim report for further CEO comments and information.
Presentation of the interim report
Torbjörn Kronander, President and CEO of
Time:
Follow live or listen to the recording afterward at investor.sectra.com/q3report2021
To participate by phone, please call one of the following numbers five to ten minutes before the conference begins:
SE +46856642706
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This information constitutes information that
About
For further information, please contact:
Dr. Torbjörn Kronander, President and CEO,
https://news.cision.com/sectra/r/sectra-s-nine-month-interim-report-2020-2021--increased-order-bookings-and-the-industry-s-most-satis,c3304922
https://mb.cision.com/Main/1263/3304922/1385780.pdf
https://news.cision.com/sectra/i/torbjorn-kronander,c2887961
https://news.cision.com/sectra/i/mdt---multidisciplinary-team,c2887962
https://news.cision.com/sectra/i/secure-workplace,c2887963
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