• Major, long-term customer contracts led to historically high levels of contracted order bookings. Sectra secured some of its largest contracts ever, including its largest to date—a contract pertaining to a cloud solution for 150 Canadian hospitals in the province of Québec.
• More customers deployed the Sectra One subscription service, often delivered as a cloud service, resulting in increased recurring revenue. The transition to the cloud is progressing rapidly. Cloud-based services accounted for 20% of the operating area’s revenue.
• Continued growth in the US. A survey showed that Sectra was the most chosen vendor by US healthcare providers in the past two years. [1] Sectra was considered as a choice in half of the approximately 80 PACS procurements reviewed. Out of these, we were chosen as a supplier in approximately half—in other words, Sectra won more than 25% of all procurements. This is significantly more than any other supplier.
• A growing number of healthcare providers around the world chose Sectra, and sales increased in all geographic markets.
• Sectra strengthened its position in the digital pathology market through orders from hospitals in countries including Canada, France, Norway, Sweden and the US.

[1] Source: KLAS Research database for January 2023 to January 2025.

• Successful launch of Sectra’s new genomics module in collaboration with the University of Pennsylvania Health System in the US. The module is used to successfully streamline management of the analyses performed in precision medicine, one of the fastest growing areas in diagnostics.
• The use of Sectra’s cloud service for medical education continued to grow, especially for training radiologic technologists. The University of Hartford in the US is one of the new customers that ordered Sectra’s training platform.
• Increased use of Sectra’s services for orthopaedics. Several customers who purchased Sectra One chose to use the orthopaedics module to save time and increase patient value.
• Sectra’s research activities generated important new insights and tools to add value to healthcare, such as better feedback on AI results and monitoring AI performance.

• Many countries are increasing their investments in defense and public security. Sectra’s ability to help customers with these needs led to improved financial performance.
• Swedish authorities and defense customers in Europe placed orders for the further development and serial deliveries of the Tiger/S mobile encryption system and network crypto devices.
• Agreements were entered into with several new customers in critical infrastructure for consulting and security monitoring.
• A settlement was reached in a patent dispute in the US regarding Sectra’s patented technology for secure communication. The settlement had a positive non-recurring effect of SEK 110 million on the financial outcome for the fiscal year.
• Delivery of solution to the Swedish Prison and Probation Service for secure access to information The solution will streamline the customer’s daily operations and provide inmates with controlled, secure access to digital services and information.

Customers ordered the newly developed
stationary phone in the Sectra Tiger/S product family
that allows multiple people to participate
in a secure call at once.

• Our ability to make our customers successful, which is one of our fundamental strategies, enables us to grow.
• Internal and external measurements show that Sectra is an equal opportunity workplace with satisfied employees and a strong culture.
• All financial goals have been met.

Sectra remains top-ranked
among Sweden’s best employers
in Universum’s annual survey