Getinge AB (MEX:GETIB)
MXN 901.62 0 (0%) Market Cap: 102.43 Bil Enterprise Value: 118.58 Bil PE Ratio: 30.01 PB Ratio: 1.68 GF Score: 86/100

Q3 2022 Getinge AB Earnings Call Transcript

Oct 19, 2022 / 08:00AM GMT
Release Date Price: MXN901.62
Operator

Welcome to the Getinge AB Quarter 3 Report 2022. (Operator Instructions) Today, I'm pleased to present CEO, Mattias Perjos; and CFO, Lars Sandstrom. Please begin your meeting.

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

()- -

Thank you very much, and thanks, everyone, for joining today's conference. We can move straight away to Page #2, please. And looking at the key takeaways for the quarter. When it comes to performance, Q3 was very much about handling external challenges such as staffing constraints in hospitals, COVID restrictions in China and continued supply chain constraints, which, by itself, had a negative impact on sales of at least SEK 400 million in the quarter.

I think the organization has taken on these challenges in a good way, just as we did during the pandemic, which enabled us to keep the decline in net sales at 2.6% organically in the quarter. Order intake was down by 5% organically in the quarter. Here, it's worth mentioning that the comps were exceptionally hard to match due

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot