Elekta shines on 'reassuring' Q3 print, order beat

Elekta AB (publ)

05/03/2026 09:55

** Shares in Elekta EKTAb.ST rise 6.9% after the Swedish medical technology company's order book grew more than expected in Q3

** In Jefferies's view Elekta delivered a "reassuring" Q3 report with order intake growing by 3% at constant currencies, despite tough comparisons, above consensus expectations of a +0% growth

** Orders were helped by strong performance in China and  the US, as well as European service orders, the company says in its statement

** Jefferies notes that adj. EBIT margin of 11.9%, up 20bp y/y, landed roughly in-line with consensus estimate of 11.7% as it was held back by negative impacts from foreign exchange and tariffs

 ** "By Elekta's historic standards, this is a relatively in-line set of numbers," J.P.Morgan says, adding that lack of further downside could be seen as a small relief

** The company reiterated its outlook for 2025/2026

** Elekta shares are on track for their best day since November 2025

 (Reporting by Agnieszka Olenska)

 ((Agnieszka.Olenska@thomsonreuters.com;))