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                              Year-end report May-April 2019/20

                              May 29, 2020

                              Performing in a difficult time

                              In summarizing the full year we had a modest growth due to challenges linked to Covid-19 in our most important fourth quarter.

                              I am very proud of how Elekta has handled the pandemic effects, in particular supporting our customers, strengthening our solution portfolio and delivering profit. We are in a good position for the future based on our innovative solutions and a strong backlog enhanced by a record order after the year closed. With this order we exceeded our Unity order target while increasing our U.S. market position.

                              Richard Hausmann
                              President and CEO


                              Fourth quarter

                              • Covid-19 had a large effect on the fourth quarter

                              • Gross order intake amounted to SEK 5,032 M (5,401), corresponding to a 10 percent decrease in order intake in constant currency

                              • Net sales were SEK 4,008 M (4,086), corresponding to a 6 percent decrease in constant currency

                              • Gross margin amounted to 42.6 (45.2) percent

                              • EBITA decreased by 10 percent to SEK 886 M (985), corresponding to an EBITA margin of 22.1 percent (24.1)

                              • Earnings per share was SEK 1.07 (1.40) before/after dilution

                              • Cash flow after continuous investments was SEK 1,026 M (1,359)

                              • 4 Elekta Unity orders booked in the quarter

                               

                              Full year

                              • Gross order intake amounted to SEK 17,735 M (16,796), corresponding to a 1 percent growth in constant currency

                              • Net sales were SEK 14,601 M (13,555), corresponding to a 3 percent growth in constant currency

                              • Gross margin amounted to 42.0 (41.9) percent

                              • EBITA amounted to SEK 2,521 M (2,477), corresponding to an EBITA margin of 17.3 percent (18.3)

                              • Earnings per share was SEK 2.84 (3.14) before/after dilution

                              • Cash flow after continuous investments was SEK 252 M (962)

                              • 24 Elekta Unity orders booked in the period
                               

                              Significant events after the quarter

                              • GenesisCare ordered several Elekta linear accelerators at a value of around USD 200 million (approx. SEK 2 bn) over the next five years, of which 11 are Elekta Unity MR-Linac systems, as GenesisCare enters the U.S. market.

                              • Acquisition of Kaiku Health strengthens Elekta Digital offering with personalized remote digital health interventions.

                              1 After continuous investments
                              2 Before / after dilution
                              3 Compared to last fiscal year based on constant currency

                               

                              Dividend for fiscal year 2019/20 

                              • The Board of Directors will make the decision of the proposed dividend on July 10, 2020. 

                              # # #

                              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

                              Gustaf Salford, CFO 
                              Tel: +46 70 216 17 50, e-mail: gustaf.salford@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 May 29, 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.