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                              Interim report, May–July 2020/21

                              August 26, 2020

                              Showing resilience

                              The world is still impacted by the Covid-19 pandemic, our industry included. But Elekta’s solid performance with positive order growth and increased profitability during the first quarter is a clear sign of our resilience and the strong underlying demand for our products. Elekta has a vital role to play for precision radiation medicine solutions – now in this time of transition and in a future situation when life will be normalized in our markets. We act forcefully to mitigate the short-term effects of the pandemic and continue to invest in innovation for long-term competitiveness.
                               

                              Gustaf Salford
                              Acting President and CEO

                               

                              First quarter

                              • Covid-19 continued to have a negative effect on Elekta’s business

                              • Gross order intake amounted to SEK 4,451 M (4,390), corresponding to a 4 percent growth in constant currency

                              • Net sales were SEK 2,981 M (3,228), corresponding to a 5 percent decrease in constant currency

                              • Gross margin amounted to 45.9 (42.6) percent

                              • EBITA increased by 23 percent to SEK 551 M (448), corresponding to an EBITA margin of 18.5 percent (13.9)

                              • Earnings per share was SEK 0.57 (0.38) before/after dilution

                              • Cash flow after continuous investments improved by SEK 810 M to SEK 26 M (-784)

                              • At today’s AGM the Board of Directors proposes a dividend of SEK 0.90 (1.80) per share for the fiscal year 2019/20. The Board of Directors may call for an Extraordinary General Meeting to propose an additional dividend. This is dependent on the general economic outlook and how Covid-19 will affect Elekta and its markets going forward.

                              No significant events after the quarter


                              1 After continuous investments
                              2 Before / after dilution
                              3 Based on constant currency
                              4 Compared to last rolling twelve months period Aug 2018 – Jul 2019 based on constant currency 

                              # # #

                              For further information, please contact:
                              Cecilia Ketels
                              Head of Investor Relations
                              Elekta AB (publ)
                              +46 76 611 76 25
                              cecilia.ketels@elekta.com

                              Johan Adebäck
                              Acting CFO 
                              Elekta AB (publ)
                              +46 70 873 33 21
                              johan.adeback@elekta.com

                              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 August 26, 2020. (REGMAR)
                               

                              About Elekta
                              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 – and benefits from – more precise, personalized radiotherapy treatments. Headquartered in Stockholm, Sweden, Elekta is listed on NASDAQ Stockholm Exchange. Visit elekta.com or follow @Elekta on Twitter.

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                              Important Safety Information: Radiation therapy is not appropriate for all patients. Radiation treatments may cause side effects that can vary depending on the part of the body being treated. In some patients, they can be severe. Treatment sessions may vary in complexity and time. Refer to individual product labeling (instructions for use) for more complete information on product safety and effectiveness for its intended use.

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                              Important Safety Information: Radiation therapy is not appropriate for all patients. Radiation treatments may cause side effects that can vary depending on the part of the body being treated. In some patients, they can be severe. Treatment sessions may vary in complexity and time. Refer to individual product labeling (instructions for use) for more complete information on product safety and effectiveness for its intended use.