{"id":388855,"date":"2020-11-26T01:49:39","date_gmt":"2020-11-26T06:49:39","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=388855"},"modified":"2020-11-26T01:49:39","modified_gmt":"2020-11-26T06:49:39","slug":"interim-report-may-october-2020-21","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/interim-report-may-october-2020-21\/","title":{"rendered":"Interim report, May-October 2020\/21"},"content":{"rendered":"<div class=\"xn-newslines\">\n<h2 class=\"xn-hedline\">Stable performance during Covid<\/h2>\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">STOCKHOLM<\/span>, <span class=\"xn-chron\">Nov. 26, 2020<\/span> \/PRNewswire\/ &#8212; <i>In\u00a0Elekta&#8217;s second quarter, we managed to perform better than the overall radiotherapy market both in terms of orders and revenue despite continuous challenging circumstances. We also improved margins and stabilized cash flow. The launch of our new Harmony linac and regulatory clearances enhanced our product portfolio and strengthened our ability to deliver on our strategy of Precision Radiation Medicine.<\/i><\/p>\n<p>\n        <i>Gustaf Salford<\/i><br \/>\n        <i><br \/>\n          <br \/>\n          <i>President and CEO<\/i><br \/>\n        <\/i>\n      <\/p>\n<p>\n        <b>Second quarter<\/b>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/p>\n<ul type=\"disc\">\n<li>Covid-19 continued to have a negative impact on Elekta&#8217;s growth in the quarter\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/li>\n<li>Gross order intake amounted to <span class=\"xn-money\">SEK 3,627 M<\/span> (4,036), corresponding to a 2 percent decrease in constant currency\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/li>\n<li>Net sales were <span class=\"xn-money\">SEK 3,534 M<\/span> (3,709), corresponding to a 3 percent growth in constant currency\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/li>\n<li>Gross margin amounted to 40.9 (41.0) percent\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/li>\n<li>EBITA increased by 39 percent to <span class=\"xn-money\">SEK 752 M<\/span> (539), corresponding to an EBITA margin of 21.3 percent (14.5)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/li>\n<li>Earnings per share was <span class=\"xn-money\">SEK 0.98<\/span> (0.58) before\/after dilution\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/li>\n<li>Cash flow after continuous investments improved by <span class=\"xn-money\">SEK 128 M<\/span> to <span class=\"xn-money\">SEK 362 M<\/span> (234)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/li>\n<li>Launch of a new linac solution, Harmony<\/li>\n<\/ul>\n<p>\n        <b>First six months<\/b>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/p>\n<ul type=\"disc\">\n<li>Gross order intake amounted to <span class=\"xn-money\">SEK 8,078 M<\/span> (8,426), corresponding to a 1 percent growth in constant currency\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/li>\n<li>Net sales were <span class=\"xn-money\">SEK 6,515 M<\/span> (6,937), corresponding to a 1 percent decrease in constant currency\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/li>\n<li>Gross margin amounted to 43.2 (41.7) percent\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/li>\n<li>EBITA amounted to <span class=\"xn-money\">SEK 1,303 M<\/span> (987), corresponding to an EBITA margin of 20.0 percent (14.2)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/li>\n<li>Earnings per share was <span class=\"xn-money\">SEK 1.55<\/span> (0.96) before\/after dilution\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/li>\n<li>Cash flow after continuous investments improved by <span class=\"xn-money\">SEK 939 M<\/span> to <span class=\"xn-money\">SEK 389 M<\/span> (-550)<\/li>\n<\/ul>\n<p>\n        <b>Significant events after the quarter<\/b>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/p>\n<ul type=\"disc\">\n<li>The Board of Director has appointed Gustaf Salford as Elekta&#8217;s President and CEO with immediate effect.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/li>\n<li>Introduction of Elekta Studio with the ImagingRing providing a complete image-guided brachytherapy workflow to a single room.<\/li>\n<\/ul>\n<p>\n        <sup>1<\/sup>\u00a0After continuous investments.<br \/><sup>2<\/sup> Before \/ after dilution.<br \/><sup>3<\/sup> Based on constant currency.<\/p>\n<p>\n        <b>For further information, please contact:<\/b><br \/>\n        <br \/>\n        <span class=\"xn-person\">Cecilia Ketels<\/span>, Head of Investor Relations<br \/>Tel: +46 76 611 76 25, e-mail: <a target=\"_blank\" href=\"mailto:cecilia.ketels@elekta.com\" rel=\"nofollow noopener noreferrer\">cecilia.ketels@elekta.com<\/a><br \/>Time zone: CET: Central European Time<\/p>\n<p>Johan Adeb\u00e4ck, Acting CFO, <span class=\"xn-person\">Elekta AB<\/span> (publ)<br \/>Tel:\u00a0+46 70 873 33 21, e-mail: <a target=\"_blank\" href=\"mailto:johan.adeback@elekta.com\" rel=\"nofollow noopener noreferrer\">johan.adeback@elekta.com<\/a><br \/>Time zone: CET: Central European Time<\/p>\n<p>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 <span class=\"xn-chron\">07:30 CET<\/span> on <span class=\"xn-chron\">November 26, 2020<\/span>. (REGMAR)\u00a0<\/p>\n<p>\n        <b>About Elekta<br \/><\/b><br \/>\n        <br \/>For almost five decades, Elekta has been a leader in precision radiation medicine. Our more than 4,000 employees worldwide are committed to ensuring everyone in the world with cancer has access to &#8211; and benefits from &#8211; more precise, personalized radiotherapy treatments. Headquartered in <span class=\"xn-location\">Stockholm, Sweden<\/span>, Elekta is listed on NASDAQ Stockholm Exchange. Visit elekta.com or follow @Elekta on Twitter.<\/p>\n<p>This information was brought to you by Cision <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2994159-1&amp;h=2335264796&amp;u=http%3A%2F%2Fnews.cision.com%2F&amp;a=http%3A%2F%2Fnews.cision.com\" rel=\"nofollow noopener noreferrer\">http:\/\/news.cision.com<\/a><\/p>\n<p>\n        <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2994159-1&amp;h=570489454&amp;u=https%3A%2F%2Fnews.cision.com%2Felekta%2Fr%2Finterim-report--may-october-2020-21%2Cc3243789&amp;a=https%3A%2F%2Fnews.cision.com%2Felekta%2Fr%2Finterim-report--may-october-2020-21%2Cc3243789\" rel=\"nofollow noopener noreferrer\">https:\/\/news.cision.com\/elekta\/r\/interim-report&#8211;may-october-2020-21,c3243789<\/a>\n      <\/p>\n<p>The following files are available for download:<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prnsbt1 prnsbr1 prnsbb1 prnsbl1\">\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2994159-1&amp;h=3321711226&amp;u=https%3A%2F%2Fmb.cision.com%2FMain%2F35%2F3243789%2F1340078.pdf&amp;a=https%3A%2F%2Fmb.cision.com%2FMain%2F35%2F3243789%2F1340078.pdf\" class=\"prnews_a\" rel=\"nofollow noopener noreferrer\">https:\/\/mb.cision.com\/Main\/35\/3243789\/1340078.pdf<\/a><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Release<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2994159-1&amp;h=132383606&amp;u=https%3A%2F%2Fnews.cision.com%2Felekta%2Fi%2Fgroup-summary%2Cc2854056&amp;a=https%3A%2F%2Fnews.cision.com%2Felekta%2Fi%2Fgroup-summary%2Cc2854056\" class=\"prnews_a\" rel=\"nofollow noopener noreferrer\">https:\/\/news.cision.com\/elekta\/i\/group-summary,c2854056<\/a><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Group summary<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=IO04540&amp;sd=2020-11-26\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/interim-report-mayoctober-202021-301180917.html\">http:\/\/www.prnewswire.com\/news-releases\/interim-report-mayoctober-202021-301180917.html<\/a><\/p>\n<p>SOURCE  Elekta<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=IO04540&amp;Transmission_Id=202011260146PR_NEWS_USPR_____IO04540&amp;DateId=20201126\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stable performance during Covid PR Newswire STOCKHOLM, Nov. 26, 2020 \/PRNewswire\/ &#8212; In\u00a0Elekta&#8217;s second quarter, we managed to perform better than the overall radiotherapy market both in terms of orders and revenue despite continuous challenging circumstances. We also improved margins and stabilized cash flow. The launch of our new Harmony linac and regulatory clearances enhanced our product portfolio and strengthened our ability to deliver on our strategy of Precision Radiation Medicine. Gustaf Salford President and CEO Second quarter\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Covid-19 continued to have a negative impact on Elekta&#8217;s growth in the quarter\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Gross order intake amounted to SEK 3,627 M (4,036), corresponding to a 2 percent decrease in constant currency\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Net sales were SEK 3,534 M (3,709), corresponding to a 3 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/interim-report-may-october-2020-21\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Interim report, May-October 2020\/21&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-388855","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Interim report, May-October 2020\/21 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/interim-report-may-october-2020-21\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Interim report, May-October 2020\/21 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Stable performance during Covid PR Newswire STOCKHOLM, Nov. 26, 2020 \/PRNewswire\/ &#8212; In\u00a0Elekta&#8217;s second quarter, we managed to perform better than the overall radiotherapy market both in terms of orders and revenue despite continuous challenging circumstances. We also improved margins and stabilized cash flow. The launch of our new Harmony linac and regulatory clearances enhanced our product portfolio and strengthened our ability to deliver on our strategy of Precision Radiation Medicine. Gustaf Salford President and CEO Second quarter\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Covid-19 continued to have a negative impact on Elekta&#8217;s growth in the quarter\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Gross order intake amounted to SEK 3,627 M (4,036), corresponding to a 2 percent decrease in constant currency\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Net sales were SEK 3,534 M (3,709), corresponding to a 3 &hellip; Continue reading &quot;Interim report, May-October 2020\/21&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/interim-report-may-october-2020-21\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-26T06:49:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=IO04540&amp;sd=2020-11-26\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/interim-report-may-october-2020-21\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/interim-report-may-october-2020-21\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Interim report, May-October 2020\\\/21\",\"datePublished\":\"2020-11-26T06:49:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/interim-report-may-october-2020-21\\\/\"},\"wordCount\":476,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/interim-report-may-october-2020-21\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=IO04540&amp;sd=2020-11-26\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/interim-report-may-october-2020-21\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/interim-report-may-october-2020-21\\\/\",\"name\":\"Interim report, May-October 2020\\\/21 - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/interim-report-may-october-2020-21\/","og_locale":"en_US","og_type":"article","og_title":"Interim report, May-October 2020\/21 - Market Newsdesk","og_description":"Stable performance during Covid PR Newswire STOCKHOLM, Nov. 26, 2020 \/PRNewswire\/ &#8212; In\u00a0Elekta&#8217;s second quarter, we managed to perform better than the overall radiotherapy market both in terms of orders and revenue despite continuous challenging circumstances. We also improved margins and stabilized cash flow. The launch of our new Harmony linac and regulatory clearances enhanced our product portfolio and strengthened our ability to deliver on our strategy of Precision Radiation Medicine. Gustaf Salford President and CEO Second quarter\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Covid-19 continued to have a negative impact on Elekta&#8217;s growth in the quarter\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Gross order intake amounted to SEK 3,627 M (4,036), corresponding to a 2 percent decrease in constant currency\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Net sales were SEK 3,534 M (3,709), corresponding to a 3 &hellip; Continue reading \"Interim report, May-October 2020\/21\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/interim-report-may-october-2020-21\/","og_site_name":"Market Newsdesk","article_published_time":"2020-11-26T06:49:39+00:00","og_image":[{"url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=IO04540&amp;sd=2020-11-26","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/interim-report-may-october-2020-21\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/interim-report-may-october-2020-21\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Interim report, May-October 2020\/21","datePublished":"2020-11-26T06:49:39+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/interim-report-may-october-2020-21\/"},"wordCount":476,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/interim-report-may-october-2020-21\/#primaryimage"},"thumbnailUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=IO04540&amp;sd=2020-11-26","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/interim-report-may-october-2020-21\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/interim-report-may-october-2020-21\/","name":"Interim report, May-October 2020\/21 - 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