Sectra AB Reports Solid Growth Amidst Business Model Transition

Sectra AB Class B ( ($SE:SECT.B) ) has issued an update.

Sectra AB reported solid growth for the fiscal year 2024/2025, with significant increases in order bookings and recurring revenue, particularly in cloud-based services. The company is transitioning from traditional license sales to a service-based model, which is expected to impact short-term revenue but promises long-term stability due to high customer satisfaction and retention. Despite challenges such as political uncertainties and data center dependencies, Sectra continues to strengthen its market position in North America and Europe.

More about Sectra AB Class B

Sectra AB is a company operating in the medical IT and cybersecurity sectors, focusing on delivering innovative solutions that enhance healthcare and societal security. The company is known for its medical diagnostic imaging services and secure communication solutions, with a strong market presence in North America and Europe.

Average Trading Volume: 152,647

Current Market Cap: SEK63.18B

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