PACS vendor Sectra posted a strong increase in revenue and improved profitability in its third quarter of its 2016-2017 fiscal year.
For the period (end-January 31), Sectra had net sales of 294.2 million Swedish kronor (30.9 million euros), up 9.4% on a nominal basis and up 8.3% on a currency-comparable basis from the 268.9 million Swedish kronor (28.3 million euros) reported in the third quarter of 2015-2016. The company had an operating profit of 47.1 million Swedish kronor (5.0 million euros), up from 44 million Swedish kronor (4.6 million euros) recorded in the same period last year.
In quarterly highlights, Sectra said that it achieved sales growth in most of its geographic markets. Order bookings in the U.S. also doubled compared with the same period a year ago.
