Q3 2024 C Rad AB Earnings Call Transcript

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Oct 23, 2024

Oct 23, 2024 / 09:00AM GMT
Cecilia de Leeuw - C Rad AB - Chief Executive Officer, President

Welcome to our Q3 presentation. We had a challenging quarter, but let me kick off by zooming out of it.

Let me briefly take you through C-RAD's long-term strategy and our progress for Q3. C-RAD is active in the field of radiation therapy and approximately half of all cancer patients have radiation therapy as part of their treatment, and we continue to invest in our world-leading products.

C-RAD is in a very strong position with our whole portfolio of interfacing all major LINAC, Proton, and CT vendors. This is our most extensive interoperability portfolio ever.

C-RAD already today, has a global reach, but we are constantly looking into market expansions and we do this step by step. Growing our global presence is strengthening C-RAD's resilience.

And in the third quarter, we continue to see the result of our enhanced focus in the less mature Southeast Asian markets. We are ramping up our investment in Latin America where we had a successful training in connection with ASTRO, the MedTech show ASTRO, for

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