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SECTRA Interim report for the May - July 2021 period : Early deliveries have a positive effect on the period not expected to affect the full year Sectra has significant variations in financial outcomes between periods and its earnings have traditionally been low during the first quarter of the year . This year , some deliveries , primarily in the US , were carried out earlier than planned and operating profit subsequently increased to SEK 90.1 million , which is high for a first quarter . This strong start to the year is not expected to affect the company's outcome for the fiscal year as a whole . In the long term , the ongoing transition to new business models with cloud services and per - use payments could gradually reduce the variations between quarters . THE QUARTER IN BRIEF Figures in parentheses pertain to the corresponding period / quarter in the preceding year . First quarter , May - July 2021 Order bookings amounted to SEK 393.2 million ( 612.3 ) , down 35.8 % from the comparative quarter . Of the order bookings during the quarter , 15.1 % were recognized during the quarter and a further estimated 24 % to 34 % pertains to revenue within 12 months after the end of the quarter . Net sales increased 35.7 % to SEK 405.7 million ( 298.9 ) compared with the unusually weak outcome for the corresponding quarter in the previous year . Based on unadjusted exchange rates , the increase was 38.8 % . Recurring revenue accounted for SEK 253.0 million ( 220.7 ) of sales for the quarter , up 14.8 % . Based on unadjusted exchange rates , the increase was 16.3 % . Key figures SEK Order bookings Net sales Operating profit ( EBIT ) Operating margin , % Profit before tax ( EBT ) Profit margin , % Profit after tax Earnings per share before dilution , SEK Cash flow 1 Cash flow per share before dilution ¹ Average no . of employees ¹Cash flow from operations after changes in working capital . The quarter Q1 21/22 393.2 405.7 90.1 22.2 92.1 22.7 73.1 1.90 9.8 0.26 867 Operating profit rose 228.8 % to SEK 90.1 million ( 27.4 ) , corresponding to an operating margin of 22.2 % ( 9.2 ) . Based on unadjusted exchange rates , operating profit increased 243.0 % . Q1 20/21 612.3 298.9 27.4 9.2 Profit before tax amounted to SEK 92.1 million ( 21.4 ) . Cash flow after changes in working capital amounted to SEK 9.8 million ( 85.5 ) . 21.4 7.2 16.8 0.44 85.5 2.22 805 Sectra's three - month interim report 2021/2022 1 ( 27 ) Change % -35.8 35.7 228.8 n / a 330.4 n / a REPORT PRESENTATION September 3 , 2021 at 10:00 a.m. CEST investor.sectra.com/Q1report2122 More information on page 12 . 335.1 331.8 -88.5 -88.3 7.7 12 months Rolling 12 months 2,432.5 1,739.2 412.8 23.7 418.9 24.1 331.8 8.61 296.5 7.70 844 Full - year 20/21 2,651.6 1,632.4 350.1 21.4 348.2 21.3 275.5 7.15 372.2 9.66 828 Change % -8.3 6.5 17.9 n / a 20.3 n / a 20.4 20.4 -20.3 -20.3 1.9 This information constitutes information that Sectra AB ( publ ) is obliged to make public pursuant to the EU Market Abuse Regulation and / or the Swedish Securities Markets Act . The information was submitted for publication , through the agency of the contact person set out in the press release , at 8:15 a.m. ( CEST ) on September 3 , 2021 . Sectra AB ( publ ) , https://sectra.com , Corporate Registration Number 556064-8304 , email info@sectra.com