(Adds share price, details, rewrites)
STOCKHOLM Aug 28 Medical technology group
Elekta posted on Thursday a surprise operating loss
in the first quarter and lowered its outlook slightly for the
fiscal year 2014/2015, sending its shares down over 7 percent.
Elekta now expects its earnings before interest, tax and
amortisation (EBITA) to rise about 10 percent in local
currencies compared to the previous year, lower than a previous
guidance of growth of 10 or more percent.
The company made an adjusted EBITA loss of 38 million
Swedish crowns ($6.9 million) in the May-July period compared to
a profit of 148 million crowns a year ago and a mean profit
forecast of 185 million in a Reuters poll of analysts.
"The lower result is an effect of the lower gross profit
combined with cost increases according to plan," Elekta said.
Elekta said growth was slower than expected in mature
markets, especially in the United States.
"North America had a weak quarter mainly due to delays in
planned software installations. Software revenues are expected
to recover during this fiscal year," Elekta said.
Order bookings rose 12 percent to 2.34 billion crowns from
2.03 billion a year ago, higher than the expected 2.26 billion
Elekta expects net sales to grow 7 to 9 percent in local
currencies for the fiscal year 2014/15 and said it now saw the
fiscal year finishing at the lower end of the range.
By 1213 GMT, Elekta shares were down 7.4 percent, while the
wider Stockholm share index was down 1.1 percent.
(1 US dollar = 6.9831 Swedish crown)
(Reporting by Rebecka Roos and Olof Swahnberg; editing by