Brief: Elekta BOD Proposes Dividend Of SEK 2.40 Per Share

Elekta AB (publ)

05/06/2024 08:26

June 5 (Reuters) - Elekta AB (publ)  EKTAb.ST :
    * BOARD OF DIRECTORS PROPOSES A DIVIDEND OF SEK 2.40 (2.40)
PER
SHARE (PAID IN TWO INSTALLMENTS)
    * Q4 GROSS ORDER INTAKE INCREASED BY 1 PERCENT TO SEK 6,436
M
(6,359)
    * EXPECT THE FIRST HALF OF 2024/25 TO BE WEAKER DUE TO
CHALLENGING
MARKET  CONDITIONS
    * DURING THE SECOND HALF OF THE YEAR, WE EXPECT SALES AND
PROFITABILITY TO  PICK UP FROM NEW PRODUCT LAUNCHES AS WELL AS
PRODUCTIVITY MEASURES
    * Q4 NET SALES DECREASED BY 2 PERCENT TO SEK 5,023 M (5,125)
    * NET SALES FOR  ELEKTA IS EXPECTED TO GROW BY MID-SINGLE
DIGIT
FOR THE FULL YEAR OF 2024/25 WITH AN IMPROVED EBIT MARGIN
    * WE ARE EXPERIENCING STRONG CUSTOMER INTEREST IN OUR 
INDUSTRY
LEADING OFFERING
    * BEYOND 2024/25, WE WILL DRIVE FOR AN EBIT MARGIN 
EXPANSION TO
14% AND HIGHER
    * IN OUR FOURTH QUARTER, WE FACED CHALLENGING MARKET
CONDITIONS
IMPACTING OUR  RESULTS NEGATIVELY
    * WE WILL IMPROVE PROFITABILITY GOING FORWARD; THIS WILL
INVOLVE
REDUCING OUR COST OF  GOODS SOLD (COGS) AND OPERATING EXPENSES
    * WE WILL LEVERAGE OUR RECENT PRODUCT LAUNCHES TO ENHANCE
OUR
FINANCIAL RESULTS

Source text for Eikon:  ID:nMFNb7dss4 
Further company coverage:  EKTAb.ST 

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