While Q4 sales and order intake growth were affected due to limited access to hospitals, the speed-up of installations in April meant that FY19/20 targets were over-achieved. Positive sales development in the US and the resilience of the services business, thanks to digitalisation, also played a part. Although order growth could be under pressure in H1 20/21 – as hospitals trim their capex – Elekta’s healthy order backlog should ensure steady revenue in FY20/21. The big orde
01 Jun 2020
FY19/20 ends on a high with a speed-up in installations
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FY19/20 ends on a high with a speed-up in installations
Elekta AB Class B (EJXB:FRA) | 0 0 0.5% | Mkt Cap: 27,040m
- Published:
01 Jun 2020 -
Author:
Sumit Sayal -
Pages:
4
While Q4 sales and order intake growth were affected due to limited access to hospitals, the speed-up of installations in April meant that FY19/20 targets were over-achieved. Positive sales development in the US and the resilience of the services business, thanks to digitalisation, also played a part. Although order growth could be under pressure in H1 20/21 – as hospitals trim their capex – Elekta’s healthy order backlog should ensure steady revenue in FY20/21. The big orde