Elekta informs investors of transformation program and

New Post Public Reply Private Reply Replies (0) Message Board

News Desk 2018

Sep 26, 2016 at 9:15 AM

Elekta informs investors of transformation program and advanced portfolio development at ASTRO Capital Markets presentation

BOSTON, September 26, 2016 – Elekta’s (EKTA-B.ST) President and CEO, Richard Hausmann, PhD, told investors and analysts at a Capital Markets presentation today that the company is on track to reach the targets of its transformation program. These targets include an EBITA margin of 20 percent in 2017/18; cost reductions of SEK 700 million, with full effect 2017/18; and a net working capital to sales ratio below five percent in 2016/17. Richard Hausmann spoke at the 58th Annual Meeting of the American Society for Radiation Oncology (ASTRO), in Boston, where he outlined the company’s strategic direction. “As the world-leader in oncology informatics and the pioneer in state -of-the-art treatment systems, I see that Elekta has the potential to considerably grow these two related, yet different business.” He explained how Elekta’s oncology informatics (MOSAIQ®) will facilitate continuous improvement in efficiency, quality and outcomes, while its image -guided treatment systems are designed to effectively and efficiently control cancer with minimal harm to healthy tissue. John Lapré, Elekta’s Chief Technology Officer, told the audience that imaging is the key in radiation therapy and explained how Elekta’s R&D focus supports this. “Conformal radiation means we can wrap a high dose around a target as tightly as possible to avoid damage to surrounding tissues. This is the foundation for High Definition Dynamic Radiosurgery, the powerful combination of Versa HD™ and Monaco®. Our MR-linac* research is taking this even further, as we integrate Elekta's most advanced radiotherapy system with a high-field MRI scanner. This will enable unprecedented precision in radiation therapy, especially on moving body parts such as organs.” Christopher Schultz, MD, Professor and Chairman of the Department of Radiation Oncology at Medical College of Wisconsin also spoke about MR-linac, telling the audience about Froedtert & the Medical College of Wisconsin Cancer Network’s experience as a member of the MR-linac Consortium. He said he expects Elekta’s MR-linac will enable more accurate treatment of tumors and greater avoidance of adjacent normal structures that will likely improve tumor control and reduce side effects. Dr. Schultz said, “The superior MR-linac-based image guidance and motion management will allow clinicians to treat new disease sites, including tumors that move as patients breathe, such as those in the liver, pancreas and kidney. Currently such tumors are difficult to see and track with in-room CT-based image guidance systems. For some tumors or disease sites, the enhanced precision of MR -linac guided treatment may also allow for the use of fewer treatments.” *Elekta’s MR-linac is a works in progress and not available for sale or distribution. # # # For further information, please contact: Gert van Santen, Group Vice President Corporate Communications, Elekta AB Tel: +31 653 561 242, e-mail: gert.vansanten@elekta.com Time zone: CET: Central European Time Tobias Bülow, Director Financial Communication, Elekta AB Tel: +46 722 215 017, e-mail: tobias.bulow@elekta.com Time zone: CET: Central European Time 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 15:00 CET on September 26, 2016. About Elekta Elekta is a human care company pioneering significant innovations and clinical solutions for treating cancer and brain disorders. The company develops sophisticated, state-of-the-art tools and treatment planning systems for radiation therapy, radiosurgery and brachytherapy, as well as workflow enhancing software systems across the spectrum of cancer care. Stretching the boundaries of science and technology, providing intelligent and resource-efficient solutions that offer confidence to both health care providers and patients, Elekta aims to improve, prolong and even save patient lives. Today, Elekta solutions in oncology and neurosurgery are used in over 6,000 hospitals worldwide. Elekta employs around 3,600 employees globally. The corporate headquarters is located in Stockholm, Sweden, and the company is listed on NASDAQ Stockholm. Website: www.elekta.com.

Newer

Older

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Hims & Hers Faces FTC Heat: Investor Class Action Looms

Trouble Is Brewing for Hims & Hers Investors This isn't your typical quiet stroll through the park when it comes to Hims & Hers Health, Inc. (NYSE: HIMS). We're talking about a full-blown legal showdown that's unfolding faster than you can say 'telehealth scandal.' October 25, 2026, saw the kind of announcement that makes seasoned investors' hearts skip a beat if they've...

Wenda Pharma's NHWD-870 HCl Shows Promise in Trial

Breaking Through in NUT Carcinoma Treatment Imagine battling an aggressive disease with barely any options left, and then something hopeful shows up in the pipeline. That's the story with Zhejiang Wenda Pharma's NHWD-870 HCl, an oral BET inhibitor making waves at the 2026 ESMO Annual Meeting. Facing off against the nasty beast that is NUT carcinoma, this drug didn't just...

ST Engineering iDirect, MBSat Forge Middle East Satellite Hub

Satellite Services Take Off in the Middle East Never thought the day would come where the Middle East is on the threshold of leapfrogging satellite tech, but here we are. ST Engineering iDirect just locked arms with MBSat—yep, that's part of the Mohammed Al Barwani Group—to birth a next-gen satellite connectivity service hub in Oman and across surrounding areas....

Johnson & Johnson's JNJ-6143 Shines in Prostate Cancer Study

Prostate Cancer's Persistent Challenge No one in the healthcare game needs the reminder: prostate cancer is no walk in the park, especially for those grappling with advanced stages. Now picture this—you're on your sixth treatment, and the cloud is not lifting. It's a battle that never ends, with traditional therapies sometimes barely holding the line. JNJ-6143's New...

Firefox Champions Privacy with Iconic Internet Campaign

Rekindling the Internet’s Golden Days with Firefox There’s something almost poetic about Firefox hustling to win back its old users by launching a campaign with legendary internet icons. The backdrop? A digital landscape where privacy feels about as common as a unicorn sighting. Mozilla's pulling a major nostalgia card, and I'm here for it—sort of like how vinyl...

Borr Drilling's Rig Sinks, Uncertainty Looms Offshore

Unexpected Turn of Events at Sea Now here's a gut-punch nobody saw coming. Borr Drilling Limited (NYSE and OSE: BORR) got hit hard when their Prospector 5 drilling rig went under the waves offshore Gabon. This ain't no desk job dilemma; we're talking about a real-life offshore catastrophe. It all went down on October 24, 2026, when the rig experienced a punch through...

LexisNexis Debuts AI-Guided Field Clarity at IACP 2026

LexisNexis Takes a Serious Step Forward The world of law enforcement reporting just got a shake-up. LexisNexis Coplogic Solutions launched a souped-up version of its Desk Officer Reporting System (DORS) at the IACP 2026 event. They paired DORS with Field Clarity, a newfangled AI-powered assistant that aims to make police reporting slicker and more accurate. You can bet...

Vantrue's Black Friday Dash Cam Deals: Save up to 44%

Kicking Off Early Black Friday with Dash Cam Bargains In a bid to stay ahead of the holiday shopping rush, Vantrue announced its early Black Friday campaign with a range of discounts designed to capture the interest of road warriors and casual drivers alike. From November 1 to November 21, 2026, Vantrue is inviting bargain hunters to explore their offerings—culminating...

Gildan Activewear Faces Legal Battle Over Alleged Fraud

Investor Alert: Gildan's Legal Showdown Alright, here's a twist you didn't see coming—or maybe you did if you've been tracking the ticker tapes like a hawk. Gildan Activewear Inc. (NYSE:GIL) is stuck in the kind of hot water that can scald the bottom line. The Stakes: Racing Towards December 14 Marked on your calendar, December 14, is a date of some significance if...

Innovent's IBI354: New Data Spurs Hope for HER2+ BC

Innovent Lauds HER2 ADC's Moment at ESMO 2026 Alright, chin up, investors. At the 2026 ESMO Congress, Innovent's throwing down some promising Phase 2 data for their brainchild, IBI354. You hear that name and it's like hearing about a rock star in the making in the oncology world. The potential here isn’t just talk—it's a loud, resounding call for attention. Their...