Elekta Ab Class B · OMXSTO:EKTA_B
Elekta Ab Class B — Q3 2026 Earnings Presentation
19 slides from Elekta Ab Class B's earnings presentation, Mar 5, 2026
Slide 1: A solid quarter with significant impact from currency and restructuring
A solid quarter with significant impact from currency and restructuring Q3 report 2025/26, Mar 5, 2026 Peter Nyquist, Head of Investor Relations Jakob Just-Bomholt, President and CEO Tobias Hägglöv, CFO
Slide 2: Important information
Important information This presentation includes forward-looking statements including, but not limited to, statements relating to operational and financial performance, market conditions, and other similar matters. These forward-looking statements are based on current expectations about future event
Slide 3: Business overview
Business overview Jakob Just-Bomholt President and CEO
Slide 4: Q3 – key takeaways
Q3 – key takeaways A solid quarter with significant negative impact from currency and restructuring 1.17 Order growth in China, U.S. and Europe, rolling twelve months at 1.09 Book-to-bill ratio 2%1 Continued strong momentum in Europe, and China returns to growth Net sales growth 38.3% Higher GM YoY
Slide 5: Q3 – Commercial development by region
Q3 – Commercial development by region Americas – decrease of -6% • Evo approval received on January 16, EMEA 2026 • Double digit order growth in the U.S. YTD • Negative sales growth in the U.S. in Q3 Americas 26% • Growth in South America (29%) 39% Share (35%) APAC APAC – increase of 3% of sales • A
Slide 6: Elekta will focus on 4 Must-Win Battles
Elekta will focus on 4 Must-Win Battles Simplify, Empower, Speed Focused Innovation Decentralize our operating Align commercially driven model innovation to customer needs Profitable Expand in China growth Continuous COGS Win in the U.S. Reduction Position to meet Chinese structural Address our vari
Slide 7: Change in operating model – more than SEK 500 M cost savings
Change in operating model – more than SEK 500 M cost savings Annual run-rate cost savings expected • Full impact starting in Q1 FY26/27 to be more than SEK 500 M • ~30% COGS and ~70% OPEX Restructuring charges expected • SEK 417 M restructuring charges in Q3 to total between SEK 450 and 500 M More t
Slide 8: Financial overview
Financial overview Tobias Hägglöv CFO
Slide 9: Financial update Q3 25/26
Financial update Q3 25/26 (SEK M) Q3 25/26 Q3 24/25 Q2 25/26 Net sales increased by 2%1 • Continued strong momentum in Europe supported by Net sales 4,239 4,695 4,070 product launches Solutions 2,396 2,673 2,204 • China returning to growth Service 1,843 2,022 1,866 • Solutions grew by 1% and Service
Slide 10: Negative FX impact on the P&L
Negative FX impact on the P&L (SEK M) Q3 25/26 Operations FX Q3 24/25 • Negative FX impact on net sales Net sales 4,239 92 -548 4,695 mainly driven by stronger SEK vs main revenue currencies USD and EUR Growth, % -9.7% 2.0% -11.7% - • Margin pressure mainly driven by USD Adj. gross income 1,625 157
Slide 11: YTD cash flow improved by SEK 443 M despite lower Q3 cash flow
YTD cash flow improved by SEK 443 M despite lower Q3 cash flow Q3 25/26 Q3 24/25 (SEK M) Q3 25/26 Q3 24/25 YTD YTD • EBITDA Q3 25/26 includes items affecting EBITDA 403 866 1,639 2,094 comparability of SEK 417 M (20) Change of restructuring • Restructuring provisions in the quarter 294 -37 294 4 pro
Slide 12: EBITC shows strong development for the fifth consecutive quarter
EBITC1 shows strong development for the fifth consecutive quarter Rolling twelve months, SEK M and margins % Net sales Adj GM Adj EBIT margin Adj EBITC margin1 Cash flow after continous investments 0.042 21,000 17,883 18,016 17,838 17,567 17,111 0.040 18,000 37.8% 38.2% 38.5% 37.6% 15,000 0.038 36.7
Slide 13: Outlook
Outlook We reiterate our full-year 2025/26 outlook, where we expect net sales in constant currency to grow year-over-year. Furthermore, we Full year 25/26 expect continuous negative impacts on earnings from FX at current exchange rates and tariffs. Gross and EBIT margins expected to expand driven by
Slide 14: Closing remarks
Closing remarks • Continued solid performance in Europe, and China returns to growth • The launch of Evo has strengthened our product offering in the U.S., with continued strong interest from customers • Despite currency and tariff headwind gross margin improved – 38.3% (37.1) • Actions proceeding a
Slide 15: Elekta's Capital Markets Day, June 17, 2026
Elekta's Capital Elekta's CapitalMarkets Day, Markets Day, June June 10, 2025 17, 2026 Stockholm,Sweden Stockholm, Sweden
Slide 16: Financial calendar
Financial calendar Year-end report, Q4 May-Apr 2025/26 May 28, 2026 Annual Report, 2025/26 Jul 3, 2026 Interim report, Q1 May-Jul 2026/27 Aug 27, 2026 Annual General Meeting 2026 Sep 3, 2026 Interim report, Q2 May-Oct 2026/27 Nov 25, 2026 Further questions Tobias Hägglöv Peter Nyquist CFO Head of In
Slide 17: Q&A
Q&A
Slide 18: We don't just build technology, we build hope
We don’t just build technology, we build hope
Slide 19: Elekta
CjElekta