Interim report May – July 2012/13

  · Order bookings increased 32 percent to SEK 2,252 M (1,700), equivalent to 13
percent excluding Nucletron, based on unchanged exchange rates.
  · Net sales increased 19 percent to SEK 1,695 M (1,428), equivalent to 1
percent excluding Nucletron based, on unchanged exchange rates.
  · Operating result amounted to SEK 63 M (92).
  · Net income amounted to SEK 15 M (46). Earnings per share amounted to SEK
0.13 (0.50) before dilution and SEK 0.13 (0.50) after dilution.
  · Cash flow from operating activities was SEK -151 M (159). Cash flow after
investments was SEK -254 M (108), including acquisition effects of SEK -79 M (
-32).
  · On 19 June, Elekta acquired Radon Ltda. group, one of Brazil’s leading
companies in service, installation and aftermarket service of linear
accelerators. Most of the service contracts held by the company are with clinics
that use equipment from Siemens.
  · During the first quarter, Agility(TM), Elekta’s new beam-shaping solution,
received 510(k) clearance from the U.S. Food and Drug Administration (FDA) and
clearance in Japan from the Pharmaceutical and Medical Devices Agency, PMDA.
  · For the 2012/13 fiscal year, net sales is expected to grow by more than 15
percent in local currency, including Nucletron.
  · Due to the strengthening of the Swedish krona, the outlook for the company’s
growth in operating profit in SEK has been changed from over 17 percent to over
15 percent for the fiscal year 2012/13. Currency is estimated to have a neutral
impact including hedging effects on operating profit for fiscal year 2012/13.

* Compared to last fiscal year excluding Nucletron based on unchanged exchange
rates.

President and CEO comments
Elekta’s focus on its customers and their patients, combined with strategic
investments in emerging markets, are yielding favorable results. Demand for
Elekta’s solutions continued to rise and order bookings in the first quarter
increased 13* percent. Order bookings in Asia rose 11* percent. Following the
close of the quarter, we signed our largest order to date in China valued at USD
35 M. The order further strengthens our position as the leading supplier in
China, where Elekta is currently represented in seven of the ten leading
clinics. The trend was favorable in North and South America. All 50 of the top
-ranked cancer clinics in the US have solutions from Elekta**. In Europe, the
scenario remained mixed with favorable development in the northern regions while
the trend in southern Europe is weaker due to the ongoing financial crisis. At
present, it is difficult to predict the full effects of this or when there will
be an improvement in the situation.

The success of Elekta’s new Agility beam-shaping solution continues. During the
quarter, we received 510(k) clearance from the U.S. Food and Drug Administration
(FDA) and clearance from the Pharmaceutical and Medical Devices Agency, PMDA in
Japan. These approvals mean that patients in most of our major markets can now
receive treatment using the new solution. At present, Agility is being used to
treat patients at clinics in some 10 countries throughout the world.

With regard to deliveries, the first quarter, which largely comprises the summer
period, is seasonally the weakest for Elekta. Net sales rose 1* percent. The
trend in Asia was strong while deliveries in North and South America and Europe
were weaker. Nucletron noted comparatively low volumes during the quarter, due
to seasonality and the fact that the products largely form part of comprehensive
solutions from Elekta, thus entailing longer delivery cycles. Order bookings for
our brachytherapy products match our expectations, and the trend for Nucletron
is expected to be strengthened going forward.

Operating profit in the first quarter was lower than in the corresponding
quarter last year, which was primarily an effect of a limited volume increase.
However, we anticipate normal seasonal variations during the fiscal year
including a significant increase in operating profit in forthcoming quarters.

Elekta foresees significant potential for further growth, both through expansion
in emerging markets and established markets. Looking to the year ahead, we
believe that market demand will generally remain favorable.

With planned deliveries from our order backlog and continued demand in our
markets, we anticipate that net sales for full-year 2012/13 will increase by
more than 15 percent in local currency, including Nucletron.

Due to the strengthening of the Swedish krona, the outlook for the company’s
growth in operating profit in SEK has been changed from over 17 percent to over
15 percent for the fiscal year 2012/13. Currency is estimated to have a neutral
impact including hedging effects on operating profit for fiscal year 2012/13.

Elekta’s efforts to develop new technology are intensifying and we remain
strongly comitted to product development. Our project aimed at combining
treatment with a linear accelerator with advanced magnetic resonance (MR) is
progressing. We look forward to even more patients gaining access to advanced
cancer care for curative purposes and a better quality of life.

Tomas Puusepp
President and CEO

*Calculated excluding Nucletron and based on unchanged exchange rates
** http://www.elekta.com/press/860f2b26-47a9-4d6d-ad76-02f445047885/elekta
-technology-at-work-in-100-percent-of-america-s-top-cancer-hospitals-.html

Conference call
Elekta will host a telephone conference 13:45-14:30 CET on September 4, with
President and CEO Tomas Puusepp and CFO Håkan Bergström.
To take part in the conference all, please dial in about 5-10 minutes in advance
and use the access code 920990. Swedish dial-in number: +46 (0)8 5052 0110, UK
dial-in number: +44 (0)20 7162 0077, US dial-in number: + 1 334 323 6201.

The telephone conference will also be broadcasted over the internet (listen
only). Please use the link: http://webeventservices.reg.meeting
-stream.com/67238_elekta

For further information, please contact:
Håkan Bergström, CFO, Elekta AB (publ)
+46 8 587 25 547, hakan.bergstrom@elekta.com

Johan Andersson Melbi, Investor Relations Manager, Elekta AB (publ)
+46 8 587 25 415, johan.anderssonmelbi@elekta.com

The above information is such that Elekta AB (publ) shall make public in
accordance with the Securities Market Act and/or the Financial Instruments
Trading Act. The information was published at 13.00 CET on September 4, 2012.