Year-end report, May-April 2020/21

STOCKHOLM, May 28, 2021 / PRNewswire / – During Elekta’s fourth quarter, we delivered strong order growth in all regions – both through market growth and market share gain – and we received our 100e Order of unity. Facility volumes were similar to levels in the fourth quarter of last year, still impacted by reduced access to hospitals, especially in emerging markets due to Covid. Summing up the full year, we showed good order growth in a market affected by a pandemic, improved our EBITA on stable volumes and delivered our best annual cash flow ever.

Gustave Salford

President and CEO

Fourth trimester

  • Gross order intake was SEK 5,379m (5032), corresponding to an increase of 18% at constant exchange rate
  • Net sales were 3 667 M SEK (4008), corresponding to growth of 1% at constant exchange rates
  • Gross margin amounted to 38.5 (42.6) percent
  • EBITA amounted to 743 M SEK (886), corresponding to an EBITA margin of 20.3 (22.1) percent
  • Earnings per share was 0.89 SEK (1.07) before / after dilution
  • Cash flow after continuing investments decreased by 208 M SEK at 818 M SEK (1,026)

Full year

  • Gross order intake stands at 17,411 M SEK (17735), corresponding to growth of 6% at constant exchange rates
  • Net sales were 13,763 M SEK (14601), corresponding to an increase of 1% at constant exchange rate
  • Gross margin amounted to 40.8 (42.0) percent
  • EBITA amounts to SEK 2,709m (2,521), corresponding to an EBITA margin of 19.7 (17.3)%
  • Earnings per share was 3.28 SEK (2.84) before / after dilution
  • Cash flow after continuous investments improved by SEK 1,454m at SEK 1,706m (252)

Dividend for fiscal year 2020/21

  • The board of directors proposes a dividend of 2.20 SEK (1.80) per share (in two installments) for fiscal year 2020/21

New medium-term perspectives

  • Net sales CAGR greater than 7% through 2024/25
  • Percentage of EBIT margin expansion until 2024/25
  • A new dividend policy of at least 50% of the net profit for the year

No significant event after quarter

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

# # #

For more information, please contact:

Cecilia ketels, Head of Investor Relations

Tel: +46 76 611 76 25, e-mail: [email protected]

Time zone: CET: Central European Time

Johan Adebäck, Chief Financial Officer, Elekta AB (published)

Tel: +46 70 873 33 21, e-mail: [email protected]

Time zone: CET: Central European Time

This is information that Elekta AB (publ) is required to make public in accordance with the EU Market Abuse Regulation. The information has been submitted for publication to 7:30 am CET at May 28, 2021. (REGMAR)

About Elekta

For nearly five decades, Elekta has been a leader in precision X-ray medicine. Our more than 4,000 employees around the world are committed to ensuring that everyone living with cancer around the world has access to and benefits from more accurate and personalized radiation treatment. Based at Stockholm, Sweden, Elekta is listed on the NASDAQ Stockholm Exchange. Visit elekta.com or follow @Elekta on Twitter.

CONTACT:

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