Sectra posts slight sales increase, profit dip in Q2

By staff writers

December 10, 2021 -- Enterprise imaging and digital pathology vendor Sectra had a slight increase in net sales and a small dip in operating profit in its second quarter of fiscal 2021/2022.

For the period (end-31 October), Sectra had net sales of 418.2 million Swedish krona (40.8 million euros), up 1.2% from the 413.2 million krona (40.3 million euros) secured in the fiscal second quarter of last year. Operating profit dipped, however, by 6.6% from 89.6 million (8.7 million euros) a year ago to reach 83.7 million krona (8.2 million euros).

In its imaging IT solutions business, Sectra generated second-quarter net sales of 374.9 million krona (36.6 million euros), up 10.7% from the 338.6 million krona (33.1 million euros) reported in the second quarter of 2020/21. The firm had operating profit of 91.9 million (9 million euros), down 0.5% from the 92.4 million krona (9.1 million euros) produced in the second quarter last year.

The company noted that it's seeing a trend among healthcare providers toward cloud-based systems, both for new and existing customers.

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