CEO comments

“It is impossible to discuss where we stand as a company this year without mentioning the pandemic. We have all felt its impact on our lives. Our customers and employees have been forced to adapt in order to maintain society’s critical functions. We have helped our customers provide patients with the best possible care and protect critical infrastructure and communication. healthcare personnel, who continue to help an enormous number of patients in need of care, are everyone’s heroes.”

Torbjörn Kronander, President and CEO of Sectra

Business model, goals and strategies

• The Group’s order bookings increased by 46.0% to SEK 2,651.6 million. We grow by making our customers successful.
• Equal-opportunity workplace with satisfied employees and customers.
• Sustainable corporate culture with focus on customer value and innovation—this benefits our shareholders over time.
• Sectra receives Top Innovator Award.
• All of the financial goals have been achieved.

The COVID-19 pandemic

• Our top priority is to help our customers maintain a functioning healthcare system, cybersecurity and infrastructure during these difficult circumstances.
• Our customers are prioritizing the most essential operations at the moment, meaning that some planned deliveries have been delayed and that ongoing procurements have been temporarily paused. At the same time, some customer activities have gone faster than planned.
• Demand for medical imaging IT and cybersecurity are being driven by an increased need to work remotely with the same demands on functionality and security as at the workplace.
• New ways of working and methods for remote installation and delivery are being developed in collaboration with customers, which is improving efficiency.
• Digital work methods and processes, a strong financial position and a significant share of recurring revenue contribute to a stable performance for Sectra, even under challenging circumstances such as a pandemic.

Further reading about how  Sectra is addressing the situation: