Elekta’s Q2 results were once again ahead of the street’s expectations. The top-line growth was led by Solutions, but Service too contributed to the performance. More importantly, the gross order intake also returned to growth despite the Chinese headwinds. However, the markets were unhappy with the Q3 outlook as the management expects sales growth and margin expansion at a slower pace vs. the last four quarters, along with inflationary pressures. In a broader context, Elekta remains a promisin ....
30 Nov 2023
Another quarterly beat; but market disappointment with the Q3 outlook
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Another quarterly beat; but market disappointment with the Q3 outlook
- Published:
30 Nov 2023 -
Author:
Anas PATEL - Pages:
-
Elekta’s Q2 results were once again ahead of the street’s expectations. The top-line growth was led by Solutions, but Service too contributed to the performance. More importantly, the gross order intake also returned to growth despite the Chinese headwinds. However, the markets were unhappy with the Q3 outlook as the management expects sales growth and margin expansion at a slower pace vs. the last four quarters, along with inflationary pressures. In a broader context, Elekta remains a promisin ....