Sectra rises on highest sales to date for single quarter

SECTRA AB

15/12/2023 10:34

** Shares in Sectra  SECTb.ST  rise 15.9%, to the top of the
STOXX 600 index  .STOXX , after the Swedish technology company
posted Q2 results
    ** The company's Q2 net sales saw a year-on-year increase of
40.2% to 787.7 million Swedish crowns ($76.90 million) and
compared to estimate of 638 million crowns seen in LSEG's Eikon
    ** Its operating profit rose 64.2% year-on-year to 176.7
million crowns
    ** The company cites strong performance in all operating
areas, highlighting highest sales to date for a single quarter,
and its operating profit exceeding previous second-quarter
records
    ** Sectra share is up 16.58 YTD and on track for best day
ever
    


($1 = 10.2434 Swedish crowns)

 (Reporting by Elviira Luoma)
 ((Elviira.luoma@thomsonreuters.com))