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

Q2 2023 Getinge AB Earnings Call Transcript

Jul 18, 2023 / 08:00AM GMT
Release Date Price: kr193.25 (+4.94%)
Operator

Welcome to the Getinge AB Q2 presentation for 2023. (Operator Instructions) Now I will hand the conference over to CEO, Mattias Perjos; and CFO, Lars Sandström. Please go ahead.

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

()- -

Hi, everyone, and welcome to today's conference. This is Mattias Perjos, and I'm accompanied by our CFO, Lars Sandström, as well. We can move directly over to Page #2, please.

So if we start with the summary and the key takeaways for the quarter, Getinge's sales increased organically by 1.3% during the quarter due to the strong performance of Surgical Workflows, while we had order intake drop 4.5%, mostly driven by the quality and supply chain challenges that we see in Cardiac Assist, plus some market weakness in the bioprocessing part of Life Science.

The group sales, margins and cash flow were negatively impacted by these challenges as well in Cardiac Assist and Cardiopulmonary in our Acute Care Therapies business area, and this is something that we've

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