Brief: Elekta Delivers Record-High Cash Flow In Q3

Elekta AB (publ)

29/02/2024 06:45

Feb 29 (Reuters) - Elekta AB (publ)  EKTAb.ST :
    * DURING THE THIRD QUARTER, WE CONTINUED TO DRIVE PROFITABLE
GROWTH AND DELIVERED A RECORD-HIGH CASH FLOW
    * WE EXPECT NET SALES AND EBIT LEVELS FOR Q4 TO BE IN LINE
WITH
LAST  YEAR’S STRONG QUARTER
    * WE ARE INCREASING OUR MARKET SHARE IN CHINA, AND WE EXPECT
ORDER
GROWTH TO COME BACK DURING THE SPRING
    * WE WILL DRIVE PROFITABLE GROWTH DURING FISCAL YEAR 
2024/25
    * LONG-TERM MARKET TRENDS SUPPORT GROWTH AND INVESTMENTS IN
HIGH-END  RADIOTHERAPY EQUIPMENT AND MARGIN EXPANSION
    * WE EXPECT LAST YEAR’S PRICE IMPROVEMENTS TO BEGIN
CONTRIBUTING
POSITIVELY TO THE COMING QUARTERS AND PARTLY MITIGATE
INFLATION-DRIVEN COST INCREASES
    * WE EXPERIENCED SOME DELAYS IN OUR SUPPLY CHAIN DUE TO THE
RED
SEA SITUATION, IMPACTING REVENUE WITH AROUND 1 PERCENTAGE POINT

Source text for Eikon:  ID:nMFNVS8Wh 
Further company coverage:  EKTAb.ST 

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