Sectra Q3 Net Sales Rise To SEK 848.4 Mln

Sectra AB SECT_B:

• Q3 EBIT MARGIN 24.1%

• Q3 SALES SEK 848.4 MILLION

• Q3 EBIT SEK 314.7 MILLION

• Q3 RECURRING REVENUE SEK 525.8 MILLION

• Q3 ORDERS SEK 967.6 MILLION

• TRANSITION TO SERVICE SALES HAS DAMPENED OUR GROWTH FOR SEVERAL YEARS NOW, BUT WE EXPECT TO SEE POSITIVE EFFECTS OUTWEIGH NEGATIVE ONES WITHIN ONE TO TWO YEARS

• CEO: WITH VERY LARGE PROJECTS WE ARE CARRYING OUT, THESE NEGATIVE EFFECTS WILL CONTINUE INTO NEXT FISCAL YEAR, PUTTING PRESSURE ON OUR OPERATING MARGIN AND SALES

• OPERATING PROFIT TREND FOR THE GROUP IS POSITIVE DESPITE THE ONGOING TRANSITION TO SERVICE SALES