Sectra posts growth in net sales, earnings in Q4

2020 02 20 17 57 8385 Sectra Rsna 2019 400

Enterprise imaging firm Sectra reported strong revenue and earnings growth in its fiscal fourth quarter and 2022/2023 fiscal year.

For the fourth quarter (end-April 30), Sectra had net sales of 724.7 million Swedish krona ($67 million U.S.), up 11.7% overall and up 6.7% based on adjusted exchange rates compared with the 640 million krona ($59.2 million) recorded in the same period a year ago. Operating profit improved from 141.1 million krona ($13 million) in the fourth quarter last year to reach 196.8 million krona ($18.2 million).

For the year, Sectra had net sales of 2.351 billion krona ($217.3 million), up 20.6% overall and up 12.6% based on unadjusted exchange rates from the 1.949 billion krona ($180.2 million) generated in fiscal 2021/2022. The company had annual operating profit of 455.7 million krona ($42.1 million), up from 383.4 million krona ($35.4 million) last year.

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