Sectra’s interim report for the first quarter 2012/2013: Sectra invests for growth in the UK

IT and medical technology company Sectra (http://www.sectra.com/) (NASDAQ OMX:
SECT B) reports a strongly improved cash flow for the first quarter, the cash
flow rose to SEK 64.0 million (neg: 2.3). Net sales totaled SEK 171.0 million
(169.3) in the first quarter. Consolidated operating profit amounted to SEK 4.1
million (6.5), corresponding to an operating margin of 2.4%.
During the quarter, Sectra expanded its medical systems product offering, partly
through the acquisition of Burnbank, a UK IT company, and partly through the
acquisition of the product rights to a Swedish system for monitoring radiation
doses. Also, Sectra has strengthened its British operations with a new team for
product development in medical IT.

“We have strengthened Sectra’s position in the UK market and our UK operations
now account for more than 10% of consolidated sales. The acquisition and the
investment in national product development increase our ability to grow further
in the UK market,” says Jan-Olof Brüer, President and CEO for Sectra AB.

The Group’s order bookings totaled SEK 116.2 million (190.8). Order bookings
were lower than the year-earlier period, which included a substantial long-term
agreement valued at SEK 57 million with the Norwegian healthcare region, Helse
Nord.

“The financial results for the start of the fiscal year followed Sectra’s
seasonal pattern and are also impacted by currency fluctuations. However, for
the running 12-month period, we are reporting an operating margin of more than
12%,” says Jan-Olof Brüer.

The information in this press release is such that Sectra AB (publ) is obligated
to disclose in compliance with the Swedish Securities and Clearing Operations
Act. The information was submitted for publication on September 4, 2012 at 8:00
a.m. (CET).
For further information, please contact:

Dr. Jan-Olof Brüer, CEO and President Sectra AB, tel 46 13 23 52 09
About the Sectra Group
Sectra was founded in 1978 and has its roots in Linköping University in Sweden.
The company’s business operation includes cutting-edge products and services
within the niche segments of medical IT and secure communication. Sectra has
offices in 12 countries and operates through partners worldwide. Sales in the
2011/2012 fiscal year totaled SEK 823 million. The Sectra share is quoted on the
NASDAQ OMX Stockholm exchange. For more information, visit www.sectra.com.