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SECTRA Interim report for the May - October 2021 period : Increased recurring revenue and profit Sectra noted sales growth and increased operating profit for the six month period . Strategic investments to increase sales of cloud - based services are a top priority and recurring revenue has grown . Imaging IT Solutions continued to increase its sales after an unusually strong start to the year with early deliveries in the US , which are not expected to impact the outcome for the full fiscal year . The Group's other operating areas were impacted by the pandemic to a greater extent , with significant variations between quarters and a limited ability to carry out certain product deliveries . ● ● THE PERIOD AND THE QUARTER IN BRIEF Figures in parentheses pertain to the corresponding period / quarter in the preceding fiscal year . Six - month period : May - October 2021 Order bookings amounted to SEK 863.2 million ( 1,364.4 ) , down 36.7 % from the comparative period . Net sales increased 15.7 % to SEK 823.9 million ( 712.1 ) . Based on unadjusted exchange rates , the increase was 17.4 % . Recurring revenue accounted for SEK 525.4 million ( 470.0 ) of sales for the period , up 11.8 % . Based on unadjusted exchange rates , the increase was 12.6 % . Operating profit rose 48.5 % to SEK 173.8 million ( 117.0 ) , corresponding to an operating margin of 21.1 % ( 16.4 ) . Based on unadjusted exchange rates , operating profit increased 52.6 % . Profit after financial items amounted to SEK 176.0 million ( 113.9 ) . Cash flow from operations amounted to SEK 49.4 million ( 121.8 ) . Key figures SEK million Order bookings Net sales Operating profit ( EBIT ) Operating margin , % Profit before tax ( EBT ) Profit margin , % Profit for the period Earnings per share before dilution , SEK 2 Cash flow 1 Cash flow per share before dilution ¹ , 2 Average no . of employees 1 Cash flow from operations . Q2 21/22 470.0 418.2 83.7 20.0 83.9 20.1 66.3 0.34 39.6 0.21 896 The quarter Q2 20/21 752.1 413.2 89.6 21.7 92.5 22.4 72.7 0.38 36.3 0.19 818 Change % -37.5 1.2 -6.6 n / a -9.3 n / a -8.8 -10.5 9.1 10.5 9.5 Sectra's six - month interim report 2021/2022 1 ( 28 ) REPORT PRESENTATION December 10 , 2021 at 10:00 a.m. ( CET ) investor.sectra.com/Q2report2122 More information on page 12 . Second quarter : August - October 2021 Order bookings amounted to SEK 470.0 million ( 752.1 ) , down 37.5 % from the comparative quarter . Of the order bookings during the quarter , 16 % were recognized during the quarter and a further estimated 27 % to 37 % pertains to revenue within 12 months after the end of the quarter . Net sales increased 1.2 % to SEK 418.2 million ( 413.2 ) . Based on unadjusted exchange rates , the increase was 1.8 % . Recurring revenue accounted for SEK 272.4 million ( 249.4 ) of sales for the quarter , up 9.2 % . Based on unadjusted exchange rates , the increase was 9.4 % . 0.63 811 Operating profit declined 6.6 % to SEK 83.7 million ( 89.6 ) , corresponding to an operating margin of 20.0 % ( 21.7 ) . Based on unadjusted exchange rates , operating profit decreased 5.6 % . Profit after financial items amounted to SEK 83.9 million ( 92.5 ) . Cash flow from operations amounted to SEK 39.6 million ( 36.3 ) . The period Q1 - Q2 Q1 - Q2 Change 21/22 20/21 % 863.2 1,364.4 -36.7 823.9 712.1 15.7 173.8 117.0 48.5 21.1 16.4 n / a 176.0 113.9 54.5 21.4 16.0 n / a 139.4 89.6 55.6 0.72 0.47 53.2 49.4 121.8 -59.4 0.26 -58.7 882 8.8 12 months Rolling Full - year Change 12 months 20/21 % -18.9 2,150.4 2,651.6 1,744.3 1,632.4 6.8 406.8 350.1 16.2 23.3 21.4 n / a 410.3 348.2 17.8 23.5 21.3 n / a 325.4 275.5 18.1 1.69 1.43 18.2 299.8 372.2 -19.5 1.56 1.93 -19.2 863 828 4.2 2 Comparative figures per share have been restated due to the 5 : 1 share split that Sectra carried out in the second quarter of 21/22 . Key figures do not include temporary redemption shares . 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. ( CET ) on December 10 , 2021 . Sectra AB ( publ ) , https://sectra.com , Corporate Registration Number 556064-8304 , email info@sectra.com