Sectra AB Q2 2022 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Karl NorTn - Danske Bank A/S, Research Division - Analyst : Yes. Can you hear me?

Question: Karl NorTn - Danske Bank A/S, Research Division - Analyst : Great. I have a couple of questions. But if we start off with Secure Communications. I was wondering if you can comment anything on the weaker development here in Q2. Is it only the pandemic you would say and when do you expect net sales to recover back? Any comments on the order intake would be helpful.

Question: Karl NorTn - Danske Bank A/S, Research Division - Analyst : Okay. And then maybe a question on the order intake in the IT Imaging. I'm just wondering when you move, as you say, now more into software as a service and pay per usage with Sectra One. Can you just tell us a bit more on how we should think about the order book? Will that change anything of how you report the order intake or will it be exactly the same as before?

Question: Karl NorTn - Danske Bank A/S, Research Division - Analyst : Okay. And then a question on the number of exams in your larger markets in your systems, you said that you have seen quite nice growth there I think I heard. Can I say anything on how the recovery is looking? I guess the U.S. is back to normal almost, but how is it looking in Europe and other markets?

Question: Karl NorTn - Danske Bank A/S, Research Division - Analyst : And then as the last one on you stated now on the recurring revenue side that this could impact revenue growth or will impact revenue growth. Could it be that it will be hard for you to reach your financial target rate of growing your EBIT with about 15% per year during this transition time or do you still see that Sectra should be able to reach these targets?