Sectra Hits Milestone With Cloud Revenue Surpassing SEK 1 Billion

Net sales for the quarter ending in July climbed 25.8% to SEK 963 million, with recurring revenue accounting for SEK 723 million of that total. The most significant growth appeared in cloud-specific earnings, which jumped 75.3% to SEK 315 million. This financial performance pushed operating profit to SEK 191 million, a 60.9% increase compared to the previous year, resulting in an operating margin of 19.8%.

While the company’s performance remains robust, contracted order bookings saw a 46.6% decline to SEK 699 million. CEO Torbjörn Kronander attributed the variability to the nature of long-term, extensive customer contracts. Despite the fluctuating order volume, he emphasized that the current strategy of sustained investment in security and delivery capacity is essential to support the growing number of hospitals and clinics integrating Sectra’s solutions into their daily workflows.