August 30, 2018 / 5:51 AM / in 3 months

Elekta Q1 operating profit unexpectedly falls, repeats outlook

STOCKHOLM, Aug 30 (Reuters) - Swedish radiation therapy gear maker Elekta posted on Thursday a lower operating profit than expected but a higher order intake for its first quarter and repeated its full-year outlook.

Operating profit in the May-July period unexpectedly fell to 238 million crowns ($26.0 million) from 281 million a year earlier, against a mean forecast in Reuters’ poll of analysts for a small increase to 282 million.

Gross order intake was 3.17 million crowns, up 12 percent based on constant exchange rates, against a 3.00 billion forecast.

Elekta sees net sales growth of around 7 percent based on constant exchange rates and a profit margin before interest, tax and amortisation of around 20 percent in the fiscal year 2018/19.

$1 = 9.1492 Swedish crowns Reporting by Anna Ringstrom

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below