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LINKÖPING, Sweden, March 10, 2023 /PRNewswire/ — International medical imaging IT and cybersecurity company Sectra’s SECT enterprise imaging module for radiology once again received a top ranking in customer satisfaction surveys in the US, Canada and Asia/Oceania. Satisfied customers are the foundation for the Group’s growth in all operating areas, which is reflected in Sectra’s positive financial performance during the nine-month period.
Third quarter (November 2022–January 2023) in figures
- Contracted order bookings rose 24.9% to SEK 549.2 million (439.6), of which SEK 484.0 million (439.6) pertained to guaranteed order bookings. Of the guaranteed order bookings, 23% were recognized during the quarter and a further 37–47% are deemed to pertain to revenue within 12 months after the end of the quarter.
- Net sales increased 21.9% to SEK 580.3 million (476.2). Based on unadjusted exchange rates, the increase was 14.5%. Recurring revenue accounted for SEK 356.4 million (275.2) of net sales, up 29.5%. Based on unadjusted exchange rates, the increase was 21.9%. Cloud recurring revenue (CRR) increased 55.4% to SEK 72.1 million (46.4).
- Operating profit rose 27.2% to SEK 87.0 million (68.4), corresponding to an operating margin of 15.0% (14.4). Based on unadjusted exchange rates, operating profit increased 8.6%.
- Profit after financial items amounted to SEK 91.1 million (77.0).
- Cash flow from operations amounted to SEK 83.6 million (153.1).
Nine-month period (May 2022–January 2023) in figures
- Contracted order bookings rose 164.7% to SEK 3,448.8 million (1,302.8), of which SEK 1,795.0 million (1,302.8) pertained to guaranteed order bookings.
- Net sales rose 25.1% to SEK 1,626.0 million (1,300.1). Based on unadjusted exchange rates, the increase was 15.6%. Recurring revenue accounted for SEK 983.3 million (800.6) of sales for the period, up 22.8%. Based on unadjusted exchange rates, the increase was 14.3%. CRR…
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