Elekta: Interim report, May-January 2021/22

Strong demand, and supply chain challenges

STOCKHOLM, Feb. 24, 2022 /PRNewswire/ -- The demand for Elekta's solutions continued to be strong in the third quarter, the fifth consecutive quarter with underlying order growth, resulting in Elekta's strongest order backlog ever. However, the global supply chain challenges remained, and revenue and margins came in lower than last year. We are fully committed to returning to revenue growth and margin expansion.

Gustaf Salford
President and CEO
 

Third quarter         

• Gross order intake amounted to SEK 4,441 M (3,954), corresponding to an 8 percent increase in constant currency.           
• Net sales were SEK 3,602 M (3,581), corresponding to a 3 percent decrease in constant currency            
• Gross margin amounted to 36.7 percent (38.7)            
• EBIT amounted to SEK 340 M (468), corresponding to an EBIT margin of 9.4 percent (13.1). Excluding the contribution to Elekta Foundation, EBIT was SEK 375 M, corresponding to a margin of 10.4 per-cent.            
• Earnings per share was SEK 0.60 (0.84) before/after dilution           
• Cash flow after continuous investments amounted to SEK 187 M (496)

First nine months          

• Gross order intake amounted to SEK 12,467 M (12,032), corresponding to a 5 percent growth in constant currency           
• Net sales were SEK 10,309 M (10,096), corre-sponding to a 4 percent increase in constant currency           
• Gross margin amounted to 37.5 percent (41.6)            
• EBIT amounted to SEK 1,074 M (1,361), corresponding to an EBIT margin of 10.4 percent (13.5).           
• Earnings per share was SEK 1.93 (2.39) before/after dilution           
• Cash flow after continuous investments amounted to SEK -173 M (886)

Significant events after the quarter           

• On 14 February, Elekta published preliminary results for the third quarter.

For further information, please contact:
Cecilia Ketels, Head of Investor Relations
Tel: +46 76 611 76 25, e-mail: cecilia.ketels@elekta.com
Time zone: CET: Central European Time

Tobias Hägglöv, CFO
Tel: +46 76 107 47 99, e-mail: tobias.hagglov@elekta.com
Time zone: CET: Central European Time

This is information that Elekta AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication at 07:30 CET on February 24, 2022. (REGMAR) 

About Elekta
As a leader in precision radiation therapy, Elekta is committed to ensuring every patient has access to the best cancer care possible. We openly collaborate with customers to advance sustainable, outcome-driven and cost-efficient solutions to meet evolving patient needs, improve lives and bring hope to everyone dealing with cancer. To us, it's personal, and our global team of 4,700 employees combine passion, science, and imagination to profoundly change cancer care. We don't just build technology, we build hope. Elekta is headquartered in Stockholm, Sweden, with offices in more than 120 countries and listed on Nasdaq Stockholm. For more information, visit elekta.com or follow @Elekta on Twitter.

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