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                              Year-end report, May–April 2021/22

                              May 25, 2022

                              Back to growth with a strong finish of the quarter

                              The strong demand for radiotherapy solutions continued in the fourth quarter and installation volumes came in higher than last year driving revenue growth and sequential margin improvements. We also continued to form important partnerships across the cancer care ecosystem. I am proud that we have delivered order and revenue growth for the full year despite the pandemic and recent geopolitical-related challenges.

                              Gustaf Salford
                              President and CEO

                              Fourth quarter
                              • Gross order intake amounted to SEK 5,897 M (5,379), corresponding to a 2 percent increase in constant exchange rates
                              • Net sales were SEK 4,239 M (3,667), corresponding to a 5 percent increase in constant exchange rates
                              • Gross margin amounted to 37.0 percent (38.5)
                              • EBIT amounted to SEK 570 M (545), corresponding to an EBIT margin of 13.4 percent (14.9)
                              • Earnings per share was SEK 1.09 (0.89) before/after dilution
                              • Cash flow after continuous investments amounted to SEK 623 M (818)

                              Full year
                              • Gross order intake amounted to SEK 18,364 M (17,411), corresponding to a 4 percent growth in constant exchange rates
                              • Net sales were SEK 14,548 M (13,763), corre-sponding to a 4 percent increase in constant exchange rates
                              • Gross margin amounted to 37.4 percent (40.8)
                              • EBIT amounted to SEK 1,643 M (1,906), corre-sponding to an EBIT margin of 11.3 percent (13.9)
                              • Earnings per share was SEK 3.02 (3.28) before/after dilution
                              • Cash flow after continuous investments amounted to SEK 450 M (1,706)

                              Significant events after the quarter
                              • The Board of Directors proposes a dividend of SEK 2.40 (2.20) per share (paid in two installments) for the fiscal year 2021/22
                              • On May 6, Elekta launched new radiosurgery system: Elekta Esprit

                              Group summaryQ4 Full year 
                              SEK M2021/222020/21Δ2021/222020/21Δ
                              Gross order intake5,8975,3792%318,36417,4114%3
                              Net sales4,2383,6675%314,54813,7634%3
                              Gross margin37.0%38.5%-1.5 ppts 37.4%40.8%-3.4 ppts 
                              EBIT 5705454%1,6431,906-14%
                              EBIT margin13.4%14.9%-1.5 ppts11.3%13.9%-2.6 ppts
                              Cash flow 1623818-24%4501,706-74%
                              Earnings per share, SEK 21.090.8922%3.023.28-8%

                              1 After continuous investments.
                              2 Before / after dilution.
                              3 Based on constant exchange rates.

                              # # #
                               
                              For further information, please contact:
                              Tobias Hägglöv, CFO
                              Tel: +46 76 107 4799, e-mail: tobias.hagglov@elekta.com  
                              Time zone: CET: Central European Time
                               
                              Cecilia Ketels, Head of Investor Relations
                              Tel: +46 76 611 76 25, e-mail: cecilia.ketels@elekta.com
                              Time zone: CET: Central European Time

                              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.

                              This information is information that Elekta AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2022-05-25 07:30 CEST.

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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.