Sales growth in its Imaging IT Solutions unit propelled PACS firm Sectra to a 20.9% increase in net sales for the first six months of its 2014/2015 fiscal year.
For the period (end-October 31), Sectra had net sales of 451.5 million Swedish kronor ($60.2 million U.S.), compared with 373.6 million kronor ($49.8 million U.S.) in the first six months of 2013/2014. The company had profit before tax of 81.1 million kronor ($10.8 million U.S.), compared with 47.2 million kronor ($6.3 million U.S.) in the same period a year ago.
Sectra's Imaging IT Solutions business generated 409.5 million kronor ($54.6 million U.S.) in sales, up 14.8% from the 356.8 million kronor ($47.6 million U.S.) reported in the first half of 2013/2014. Operations in the U.K. and the U.S. generated the largest sales growth, according to the vendor.
The unit had operating profit of 75.6 million kronor ($10.1 million U.S.) in the first six months of 2014/2015, compared with 63.7 million kronor ($8.5 million U.S.) in the same period a year ago.
