Medical imaging IT and cybersecurity company Sectra AB reported robust financial results for its 2024/2025 fiscal year, driven by record order bookings and a strategic shift towards service deliveries.
Net sales increased 9.3% to 3.24 billion Swedish Kronor, while comparable operating profit rose 18.4% to 613.0 million Swedish Kronor, the company said.
Contracted order bookings surged 39.9% to 8.71 billion Swedish Kronor, with recurring revenue growing nearly 20%.
CEO Torbjörn Kronander highlighted "record-breaking order bookings" and progress in selling medical diagnostic imaging as a service, noting the company achieved its "highest levels of customer satisfaction."
The board proposed an ordinary dividend of 1.10 Swedish Kronor per share and an extraordinary dividend of 1.00 Swedish Kronor per share.
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Swedish medical imaging and cybersecurity company Sectra said its first-quarter order bookings more than doubled, fueled by success in its North American operations.
Swedish medical imaging and cybersecurity company Sectra AB reported a nearly 40% surge in contracted order bookings for its 2024/2025 fiscal year, driven by its ongoing shift to providing its software as a service.