Cloud contracts and currency factors lead to growth at Sectra

2019 12 16 23 37 4398 Sectra Rsna 2019 400

Enterprise imaging and digital pathology vendor Sectra posted revenue increases for its second quarter and six-month periods.

For the quarter (end-October), the company's net sales increased 34.3% from 418 million SEK (40 million euros) for the timeframe last year to 561.7 million SEK (51 million euros). Its profits increased 28.6%, from 83.7 million SEK (7.6 million euros) to 107.6 million SEK (9.8 million euros).

For the first half of the year, the company's net sales increased 26.9% from 823.9 million SEK (75 million euros) in 2021 to 1 billion SEK (91 million euros). The company's six-month profits did decrease slightly, from 173.8 million SEK (15.8 million euros) to 171.9 million SEK (15.6 million euros).

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