Cost-reduction Initiative and Financial Outlook slide image

Cost-reduction Initiative and Financial Outlook

Increased activities at higher costs Quarterly expenses Higher selling costs Expenses • More in-person customer events and meetings including travel and exhibitions (SEK M) Q11 22/23 21/22 Q1 Growth² Q4 Y/Y Growth1 21/22 Q/Q Selling -390 -316 14% -380 0% Administrative -317 -274 9% -309 -2% Higher administrative expenses y-o-y but sequentially decreasing Continued investments in innovation pipeline • Net R&D expenditure decreased y-o-y as R&D projects proceeded and amortizations were lower Sequentially net R&D increased due to higher gross R&D in Q1 Elekta Excluding items affecting comparability (IAC) of SEK 7 M. 2 Based on constant exchange rates. R&D (Net) -380 -391 -10% -331 12% Total -1,088 -981 3% -1,020 3% 12
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