Getinge AB (OTCPK:GNGBF)
$ 17.85 0 (0%) Market Cap: 4.95 Bil Enterprise Value: 5.58 Bil PE Ratio: 29.80 PB Ratio: 1.49 GF Score: 86/100

Q4 2021 Getinge AB Earnings Call Transcript

Jan 28, 2022 / 09:00AM GMT
Release Date Price: $36.84 (+3.08%)
Operator

Hello, and welcome to the Getinge AB Audiocast with Teleconference Q4 results 2021. (Operator Instructions) Just to remind you, this conference call is being recorded.

Today, I am pleased to present Mattias Perjos, CEO; and Lars Sandstrom, CFO. Please go ahead with your meeting.

Mattias Perjos
Getinge AB - CEO, President & Director

Thank you very much, and welcome, everyone, to today's earnings call. Lars and I look forward to taking you through the last quarter of 2021. And in order to do that, we can move directly to Page #2, please.

So let's begin with the key takeaways in regards to performance for the quarter. As expected, net sales declined year-on-year as we had a deliveries of ICU ventilators in Q4 of 2020. But basically everything else in our business is growing. And I also want to take the opportunity to send a big thanks to all my colleagues and especially the ones who work in supply chain for a job, really well done throughout 2021 and especially in a very hectic fourth quarter. We've managed to live up to customer

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