Getinge AB (OSTO:GETI B)
kr 222.6 1.7 (0.77%) Market Cap: 60.63 Bil Enterprise Value: 66.95 Bil PE Ratio: 23.33 PB Ratio: 1.90 GF Score: 86/100

Q1 2019 Getinge AB Earnings Call Transcript

Apr 23, 2019 / 10:30AM GMT
Release Date Price: kr124 (+6.44%)
Operator

Welcome to the Getinge AB Audiocast with Teleconference Q1 2019. (Operator Instructions) Just to remind you, this conference call is being recorded.

Today, I am pleased to present Mattias Perjos, CEO; and Lars Sandström, CFO. Gentlemen, please begin.

Mattias Perjos
Getinge AB - CEO, President & Director

Thank you very much, and welcome to today's phone conference. With me, I have our CFO, Lars Sandström, who will support me in the call and also present the detailed financials in a moment.

So we can move directly over to Page #2, please. So I want to start by going over the key takeaways from the first quarter of 2019. And on -- from a top line perspective, our organic sales increased by 6% and the order intake rose by 7.6% organically, meaning that we are growing quicker than the market, which is positive. And all our markets -- all our major markets performed strongly. Particularly, I would single out Asia Pacific with China growing over 20% organically, which is really, really good.

Based on the high order intake and the

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