Elekta falls heavily on the stock market after profit warning – Today’s News

     
     
     
 
 
     
 

     
     
         Updated today 11:06.
     Published today 10:29
     
 

 
     
     
     

         

                 

The medical technology company Elekta plummeting stock market after it reported a much worse result than expected. Orders Revenue from the inflated sales, as DN wrote about in late 2014, is now written down by approximately SEK 700 million, and CEO Niklas Savander kicked

                 
             

         
 
         
         

             
                 
                 
                 

                     

 

The medical technology company Elekta plummeting stock market after it reported a much worse result than expected. Orders Revenue from the inflated sales, as DN wrote about the end of 2014, is now written down by approximately SEK 700 million, and CEO Niklas Savander kicked

Småspararfavoriten Elekta, which among other things manufactures strålkanoner for cancer, invited a cold shower when on Wednesday morning went out with a preliminary financial result – a profit warning – showing that many of the orders it had expected to get money into probably not produce any revenue.

“The company has also made a careful evaluation of the risks to the backlog and, as a result of this examination, canceled orders worth about 700 million. This is related to projects in North America where consolidation of hospitals has led to canceled orders, as well as projects in Latin America and India, which does not develop at the desired pace and not expected to be completed within a reasonable time, mainly because of financing difficulties for customers, “the company writes in a press release.

 
        
             

     
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While land r customer losses and reservations for doubtful debts on an additional 150 million.

Elekta shares plummeted the most with 23 percent on the Stockholm Stock Exchange after the profit warning.

To the air by degrees out orders reporting enables sales, based on unchanged exchange rates, fell by 8 percent in the last quarter. It enables the operating profit is now estimated land of 1.4 billion, against 2.4 billion in the projections from last winter.

The sacked CEO Niklas Savander replaced by current board member Puusepp, former President and CEO of Elekta during the financial years 2005/06 to 2013/14.

DN As I have said earlier written about how Elekta has blown up its sales – and how that risk hitting the small savers. Read Birgitta Forsberg’s article “The air in the accounts can strike at small savers”.