Fraud & Identity Fraud & Identity



Fraud & Identity Industry News

TMCNet:  Sectra's Three-month Interim Report 2017/2018: Growth and Increased Operating Profit

[September 12, 2017]

Sectra's Three-month Interim Report 2017/2018: Growth and Increased Operating Profit

LINKÖPING, Sweden, Sept. 12, 2017 /PRNewswire/ --

International medical imaging IT and cybersecurity company Sectra (STO: SECT B) reported increased net sales, operating profit and cash flow compared with the year-earlier period. Sectra's financial focus is to increase its operating profit per share while maintaining its operating margin, and Sectra's financial performance measures continue to exceed the Group's target levels.

First quarter in figures 

  •  Order bookings increased 0.9% to SEK 227.6 million (225.5).  
  •  Net sales totaled SEK 265.1 million (230.5), up 15.0%. Adjusted for currency fluctuations, sales increased 15.4%. 
  •  Operating profit rose 38.0% to SEK 44.3 million (32.1), corresponding to an operating margin of 16.7% (13.9). Adjusted for currency fluctuations, operating profit increased 38.9%.  
  •  Cash flow after changes in working capital amounted to SEK 24.3 million (17.6).  

Torbjörn Kronander, President and CEO of Sectra AB, comments 

"Sectra's operating areas continued to develop and the trend for the Group's financial results was positive. Our Imaging IT Solutions business area got off to a much better start than in the comparative quarter, but we cannot draw any definitive conclusions based on the outcome for a single quarter. Sales in Secure Communications also improved, mainly as a result of development assignments and products for secure communications. Although the business area's new venture in the area of cybersecurity for critical infrastructure has not yet generated any substantial sales, we have signed a number of strategic orders and are growing in the Nordic energy sector."  

"Order bookings did not quite reach the desired level and we are continuing to focus on growth. In many of the markets where Sectra operates, we command such a large market share that our growth opportunities are limited. However, this is not the case in the US, where, in addition to a high level of customer loyalty, we also have a relatively small market share. We have been commissioned by several prominent healthcare providers in the US over the past year, and I expect that we will continue to benefit from favorable business opportunities in the US market going forward. To achieve long-term growth, we must also enter new markets and channels. Over the past year, we have established ourselves in two new countries, namely France and Canada."  

"Customer demand for the solutions we provide remains favorable, and we witnessed no changes to the underlying trends in our markets. We have a stable foundation, with a substantial share of long-term customer contracts, and more than half our sales comprise recurring revenue."  

For further CEO comments and information, see the attached interim report.  

Presentation of the interim report  

A teleconference will be held by Torbjörn Kronander, President and CEO of Sectra AB, and Mats Franzén, CFO of Sectra AB. The presentation will be held in English.  

Time: September 12, 2017 at 10:00 a.m. (CET) 

To participate, call: 

SE: +46 8 56642690

UK: +44 2030089802

US: +1 8557532235

The report presentation can also be followed live online: www.sectra.com/irwebcast. A recorded version will be available via this link after the conference. 

This information constitutes information that Sectra AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and/or the Swedish Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out below, at 08:00 a.m. (CET) on September 12, 2017.

For further information, please contact:

Dr. Torbjörn Kronander
CEO and President Sectra AB
+46(0)705-23-52-27
Press photos: flickr.com/photos/sectramedicalsystems

This information was brought to you by Cision http://news.cision.com
http://news.cision.com/sectra/r/sectra-s-three-month-interim-report-2017-2018--growth-and-increased-operating-profit,c2344360

The following files are available for download:




 

View original content:http://www.prnewswire.com/news-releases/sectras-three-month-interim-report-20172018-growth-and-increased-operating-profit-300517612.html

SOURCE Sectra


[ Back To Fraud & Identity's Homepage ]




Industry Insights

(MobileID) Proactive Fraud Prevention

Interconnect-related fraud such as International Revenue Share Fraud (IRSF) and PBX hacking fraud continue to be a billion dollar problem to the telecom industry.

(Defender Shield) Defense solutions for the modern SMS ecosystem

SMS is a ubiquitous communication method for person-to-person (P2P) text messaging, which has been in use globally for nearly 20 years.

(Defender Shield) Preventing Grey Routes and the Multi-billion dollar Threat

The convenience of mobile messaging has brought communication efficiency to billions of consumers worldwide. As is often the case with widely accepted technologies; however, convenience can provide a vulnerable gateway to fraudulent activity.

Product Documents

Asset Protect

While unlimited or high-volume voice and SMS plans offer great value to subscribers, sometimes fraudsters exploit these plans to avoid paying termination and interconnect fees.

Defender Shield

In a world with ever-increasing Application-to-Person (A2P) messaging needs and competition, improving customer satisfaction and eliminating revenue leakage is key for protecting SMS profits.

MobileID

Accurate and cost-efficient routing of voice calls and SMS is critical. Unfortunately, gathering reliable routing data on ported numbers and keeping up with constant changes in number plans is expensive and time-consuming.

Fraud Solutions

Communications fraud is a $20B annual global problem and growing. Companies are looking for peace of mind so that their business and their customers are protected from the onslaught of technology crime that is damaging their reputations and their balance sheets.