Sectra posts sales, earnings gains

Swedish PACS firm Sectra reported 2002/2003 fiscal first-quarter sales of $15.1 million (U.S.), up 183% compared with the $5.3 million posted in the same period last year. For the quarter (end-July), the Linkoping-based firm had profit before tax of $2.1 million, compared with profit before tax of $223,000 last year.

Sectra president and CEO Jan-Olof BrĂ¼er attributed the sales and earnings growth to completed installations of several digital radiology systems. Sales in Sectra's main business units -- medical information technology and secure communication-- both performed well, according to the company.

By AuntMinnie.com staff writers
September 3, 2002

Related Reading

Sectra inks PACS deal with Medicinsk Röntgen, August 22, 2002

Sectra lands large PACS order, July 3, 2002

Sectra, RSI to co-market Watsyn software, June 18, 2002

Sectra installs first mammography PACS, June 17, 2002

Sectra turns in record year, May 22, 2002

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