Getinge AB (STU:GTN)
€ 16.08 -0.175 (-1.08%) Market Cap: 4.41 Bil Enterprise Value: 5.15 Bil PE Ratio: 30.01 PB Ratio: 1.68 GF Score: 86/100

Q4 2019 Getinge AB Earnings Call Transcript

Jan 30, 2020 / 09:00AM GMT
Release Date Price: €16.13 (-5.20%)
Operator

Hello, everyone. And welcome to the Getinge Q4 report 2019. (Operator Instructions) Today, I am pleased to present Mattias Perjos, CEO; and Lars Sandstrom, CFO. Please go ahead.

Mattias Perjos
Getinge AB - CEO, President & Director

Thank you very much. Welcome to today's earnings call. I have Lars Sandstrom with me as usual here, who will go through part of the detailed financials in a moment, but we can -- I will start with a quick overview of some of the key takeaways. So we can move over to Page #2, please.

So if we look at the key takeaways from the performance perspective, the -- on the top line, we continued to deliver sales growth, and we've ended the year right in line with our guidance, 3.9% for the full year. It's particularly good to see that we have had strong performance in our 3 largest markets in the quarter. And that's the U.S., it's China and it's Germany.

The only weak point you see is that the order intake for Surgical Workflows was slightly lower than the fourth quarter of 2018, and this is mainly related to a weak

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