Elekta falls after 'slow start' to its FY

Elekta AB (publ)

27/08/2026 08:52

** Shares in Elekta EKTAb.ST fall close 4% after it reported what Jefferies deems a "slow start" to its fiscal year, with worsening APAC trends, in particular in China
** The Swedish radiation therapy equipment maker's Q1 organic sales decline 2.1%, while the consensus cited by Jefferies expected a 0.8% rise
** Its sales in China drop 16% in Q1
** Jefferies also says orders have fallen by an average 2.5% over the past 18 months, so it is not convinced the improvement in orders is sustainable yet
** "Mixed record on execution and intensifying competition ahead keep us on the sidelines," the brokerage says
** The stock is down 7% year-to-date

(Reporting by Marta Frackowiak)
((marta.frackowiak@thomsonreuters.com))