Swedish technology firm Sectra reported preliminary fiscal fourth-quarter profits after net financial items of 50.8 million Swedish kronor ($6.7 million, U.S.), excluding a nonrecurring write-down of 70.9 million kronor ($9.4 million) related to its acquisition of Mamea Imaging.
For its 2003/04 fiscal year (end-April 30), the Linköping-based vendor said that profit after net financial items was 21 million kronor ($2.8 million), corresponding to a profit margin of 5.6%. Preliminary figures show sales for the year amounted to 495.3 million kronor ($65.6 million), according to the firm.
By AuntMinnie.com staff writers
May 25, 2004
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