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Sectra established new strategic objectives for profitability and growth

Sectra ’s Board established new strategic objectives for profitability and growth. This is a consequence of Sectra growing to become one of the major players in the niche markets in which the company is active.

Sectra ’s financial objectives are as follows:

• To achieve a profit margin of not less than 15%. (Up from 10%)
• To grow an average of 15% annually over a seven-year period. (Lowered from 30%).
• To maintain an equity/assets ratio of at least 30%. (Unchanged)

“Our aim is to achieve the same profitability levels as the best companies in the sector and to outperform the market, thus capturing further market shares,” says Jan-Olof Brüer, CEO and President of Sectra AB.

Sectra ’s Board deems that that company is favorably positioned to achieve the new target levels over a three-year horizon.

“To achieve the new objectives, Sectra must successfully capture market shares and bolster sales volumes of its Sectra MicroDose Mammography systems,” says Jan-Olof Brüer. “The company must also continue to pursue business development in medical IT and secure communications, which are strategic matters of high priority.”

Source: Sectra