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

Q3 2023 Getinge AB Earnings Call Transcript

Oct 23, 2023 / 08:00AM GMT
Release Date Price: $17.44
Operator

Welcome to the Getinge Q3 Report 2023. (Operator Instructions)

Now I will hand the conference over to the speakers: CEO, Mattias Perjos; and CFO, Lars Sandstrom. Please go ahead.

Mattias Perjos;publ;CEO
Getinge AB;President & Director

()- -

Thank you very much and welcome to today's conference. This is Mattias Perjos, CEO of Getinge; and with me I have CFO, Lars Sandstrom, who will present the financials in a moment. We can move directly over to Page #2, please. So let's start by looking at the key takeaways for the third quarter of 2023. Getinge sales rose organically by 5.7% in the quarter. The order intake declined organically by a total of 1.9% in the quarter, which was exclusively linked to Acute Care Therapies where we still have a large order book that we're working through. In the quarter, we worked intensely to address the challenges that we have in Cardiac Assist and Cardiopulmonary and improvements have been made enabling us to gradually increase delivery volumes mainly for consumables in Cardiac

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