Sweden's Sectra AB Q4 sales rise 13% to record high on cloud-based solutions demand

SECTRA AB

05/06/2026 07:27

Overview
Sweden medical imaging IT and cybersecurity firm's Q4 sales rose 13% yr/yr to record high
Q4 recurring revenue grew 19%, with cloud recurring revenue up 49% yr/yr
Board proposes higher ordinary dividend, unchanged extraordinary dividend, and share buyback authorization

Outlook
Sectra proposes an ordinary dividend of SEK 1.30 and an extraordinary dividend of SEK 1.00 per share
Company plans to repurchase shares to support a new share-based incentive program
Sectra says stable financial position enables continued investment in innovation and capacity

Result Drivers
RECURRING REVENUE GROWTH - Co said shift toward service-based deliveries increased recurring revenue share and supported more stable results
CLOUD REVENUE - Cloud recurring revenue rose 49% yr/yr, reflecting demand for cloud-based solutions
CUSTOMER SATISFACTION - Management attributed sales growth to satisfied and loyal customers

Company press release: ID:nWkrgxBxz

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Beat
SEK 1.03 bln
SEK 977 mln (2 Analysts)
Q4 EBIT
Slight Beat*
SEK 209.10 mln
SEK 207.50 mln (2 Analysts)
Q4 EBIT Margin
 
20.20%
 
Q4 Orders
 
SEK 1.55 bln
 
Q4 Recurring Revenue
 
SEK 682.20 mln
 
*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the advanced medical equipment & technology peer group is "buy"
Wall Street's median 12-month price target for Sectra AB is SEK330.00, about 11.3% above its June 4 closing price of SEK296.60
The stock recently traded at 83 times the next 12-month earnings vs. a P/E of 57 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)