Press release - Linköping,
2021/2022 fiscal year
- Order bookings amounted to
SEK 2,320.2 million (2,651.6), down 12.5% from the comparative year. -
Net sales rose 19.4% to
SEK 1,949.1 million (1,632.4). Based on unadjusted exchange rates, the increase was 16.9%. -
Recurring revenue accounted for
SEK 1,081.4 million (967.8) of sales, up 11.7%. Based on unadjusted exchange rates, the increase was 9.6%. -
Operating profit rose 9.5% to
SEK 383.4 million (350.1), corresponding to an operating margin of 19.7% (21.4). Based on unadjusted exchange rates, operating profit increased 4.8%. -
Profit after financial items amounted to
SEK 394.5 million (348.2). -
Cash flow from operations amounted to
SEK 616.9 million (372.2). -
The Board of Directors and President have proposed that the 2022 Annual General Meeting (AGM) resolve to distribute
SEK 1.00 (0.90) per share to the shareholders through a share redemption program.
Fourth quarter: February-
- Order bookings amounted to
SEK 1,017.4 million (689.2), up 48% from the comparative quarter. Of the order bookings, 15% were recognized during the quarter and a further estimated 26-36% pertains to revenue within 12 months after the end of the quarter. -
Net sales increased 23.3% to
SEK 649.0 million (526.2). Based on unadjusted exchange rates, the increase was 17.6%. -
Recurring revenue accounted for
SEK 280.8 million (252.4) of sales, up 11.3%. Based on unadjusted exchange rates, the increase was 6.3%. -
Operating profit declined 13.9% to
SEK 141.1 million (163.9), corresponding to an operating margin of 21.7% (31.1). Based on unadjusted exchange rates, operating profit decreased 21.3%. -
Profit after financial items amounted to
SEK 141.4 million (166.5). -
Cash flow from operations amounted to
SEK 414.4 million (113.7) and was mainly attributable to an increase in advances from customers.
Comments from Torbjörn Kronander, President and CEO of
"Our growth potential is favorable in all operating areas. The need for higher productivity, scalability and access to new technology is growing in all product areas. Our recipe for success is customer satisfaction, which in turn requires happy employees, in that order. Add to this a clear focus on growing markets, reasonable cost control, a clear vision of where we are headed and the perseverance to stay the course.
"All of the Group's financial goals have been achieved. Both Imaging IT Solutions and Business Innovation reported growth in revenue and operating profit.
"We currently find ourselves in the middle of a shift to delivering our products as services. This is one of the largest transitions
Read the attached year-end 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: https://investor.sectra.com/q4report2122
This information constitutes information that
For further information, please contact:
Dr. Torbjörn Kronander, President and CEO,
About
https://news.cision.com/sectra/r/sectra-s-year-end-report-2021-2022--higher-sales-and-profit-for-the-fiscal-year-board-of-directors-p,c3578961
https://mb.cision.com/Main/1263/3578961/1588291.pdf
https://news.cision.com/sectra/i/torbjorn-kronander,c3056705
https://news.cision.com/sectra/i/sectra-s-it-solution-for-medical-imaging,c3056706
https://news.cision.com/sectra/i/sectra-secure-mobile-workplace,c3056709
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