Sectra’s Year-End Report 2015/2016: Financial Goals Fulfilled And Increased Order Bookings During The Quarter
LINKÖPING, Sweden--(BUSINESS WIRE)--Regulatory News:
IT and medical technology company Sectra (http://www.sectra.com) (STO: SECT B) reported increased operating profit and cash flow for the 2015/2016 fiscal year. Net sales increased 11.7%, surpassing SEK 1 billion for the first time ever. Sectra’s financial focus is to increase its operating profit per share, while maintaining its operating margin, and the company has achieved all of its financial goals. Taking into consideration this favorable performance and the company’s strong financial position, the Board has decided to propose to the Annual General Meeting (AGM) that SEK 4.50 per share be distributed to the shareholders through a share redemption program.
IT and medical technology company Sectra (http://www.sectra.com) (STO: SECT B) reported increased operating profit and cash flow for the 2015/2016 fiscal year. Net sales increased 11.7%, surpassing SEK 1 billion for the first time ever. Sectra’s financial focus is to increase its operating profit per share, while maintaining its operating margin, and the company has achieved all of its financial goals. Taking into consideration this favorable performance and the company’s strong financial position, the Board has decided to propose to the Annual General Meeting (AGM) that SEK 4.50 per share be distributed to the shareholders through a share redemption program.