Elekta Shares Drop After Capital Markets Day; Guidance Viewed as Underwhelming
Elekta AB ser. B shares slid after the company outlined mid-term targets at its Stockholm Capital Markets Day. Management presented goals for mid-single digit CAGR in sales and an adjusted EBIT margin of 14-16% by FY 2028/29, along with a free cash flow before dividend target of about 10% of sales. Analysts and investors remain cautious following w…