Elekta reported a soft Q1, with both the top line and profitability missing the consensus estimates. Additionally, the materially weaker gross order intake spooked the markets. This downturn was due to major ongoing external challenges – higher inflation, supply-chain challenges, and component shortages. However, the firm is trying hard to mitigate these challenges through price hikes and a cost savings programme, but this turnaround could take time and, hence, warrants patience.
