Successful direct sales of its medical systems helped Swedish healthcare informatics firm Sectra to 11% net sales growth in its fiscal second quarter.
For the period, the Linköping-based firm had net sales of 373.4 million Swedish kronor ($45.8 million U.S.), up from 329.1 million kronor ($40.3 million) in the same quarter last year. Profit after financial items increased to 48.2 million kronor ($5.9 million), up from 23 million SEK ($2.8 million) a year ago.
Order bookings of 723.5 million kronor ($88.7 million) in the second quarter were the highest ever for Sectra, due to direct medical system sales. Among other deals, Sectra received an order from the Northern Ireland Department of Health valued at about 360 million kronor ($44.1 million) over 10 years. The deal was the largest single order ever for Sectra.
A strengthening of the U.S. dollar and euro contributed to a significant rise in profit, according to the vendor.
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